Mid-session IV Report October 9, 2020

Mid-session IV Report October 9, 2020

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By monitoring this market data, traders can create strategies that capitalize on this often over looked information.

Options with increasing option implied volatility: GME JMIA BIIB GPRO LYFT SPWR UBER CRON TRUE WMB

Popular stocks with increasing unusual volume: QCOM FSLY CCL XOM DKNG GME
AMD Is in Advanced Talks to Buy Xilinx, reports WSJ

Advanced Micro Devices, Inc. (AMD) October call option is at 51, November is at 61; compared to its 52-week range of 36 to 116 after DJ reported AMD is in advanced talks to buy Xilinx (XLNX). Call put ratio 2.2 calls to 1 put with focus on October weekly calls as shares sell off 3%.

Xilinx (XLNX) October call option is at 55, November is at 45; compared to its 52-week range of 27 to 142 after the WSJ reported Advanced Micro Devices (AMD) is in advanced talks to buy. Call put ratio 2.5 calls to 1 put as shares rally 12%.

General Electric (GE) October call option implied volatility is at 41, November is at 38; compared to a 52-week range of 27 to 142 after Goldman Sachs sees 50% upside in GE share price and reinstates shares at Buy. Call put ratio 1.9 calls to 1 put.

ExxonMobil (XOM) October weekly call option implied volatility is at 62, October is at 38, November is at 42; compared to its 52-week range of 15 to 111 after activist firms looking at XOM, CNBC’s Faber reports. Call put ratio 3 calls to 1 put with focus on October weekly (9) calls.

Qualcomm (QCOM) call put ratio 7.6 calls to 1 put with focus on October weekly 125 and 126 calls.

Fastly, Inc. (FSLY) October weekly call option implied volatility is at 135, October is at 90, November is at 99; compared to its 52-week range of 53 to 144. Call put ratio 2.5 calls to 1 put with focus on October weekly 125 and 130 calls as shares rally 10%.

Canibas options active into Trump Biden, Senate and House elections

Tilray, Inc. (TLRY) 30-day option implied volatility is at 136; compared to its 52-week range of 68 to 267 into Trump-Biden election. Call put ratio 7.8 calls to 1 put with focus on October weekly calls.

Aurora Cannabis (ACB) 30-day option implied volatility is at 122; compared to its 52-week range of 83 to 307 into Trump-Biden election. Call put ratio 12.6 calls to 1 put with focus on October calls.

Canopy Growth (CGC) 30-day option implied volatility is at 94; compared to its 52-week range of 55 to 15 into Trump-Biden election. Call put ratio 7.8 calls to 1 put.

Cronos Group (CRON) 30-day option implied volatility is at 83; compared to its 52-week range of 54 to 515 into Trump-Biden election. Call put ratio 10.8 calls to 1 put.

HEXO Corp. (HEXO) 30-day option implied volatility is at 137; compared to its 52-week range of 25 to 307 into Trump-Biden election. Call put ratio 100 calls to 1 put with focus on November and January calls as shares rally 3%.

New Age Beverage (NBEV) 30-day option implied volatility is at 130; compared to its 52-week range of 71 to 249 into Trump Biden election. Call put ratio 27 calls to 1 put with focus on November 3.5 calls.

Increasing unusual option volume: LBTYK JKS PAGP PLT OVV ICLN GME QCOM
Increasing unusual call option volume: PAGP LBTYK ICLN IGC XLNX GME JKS
Increasing unusual put option volume: OVV JKS GME MPLX UAA LEVI TAN XLNX FRO DPZ
Options with decreasing option implied volatility: CRON DDD RRC NKLA DISH CCJ SNOW
Active options: AAPL TSLA AMD GME GE AMZN ZM BAC MSFT NFLX NIO FB DKNG FSLY BABA INTC QCOM CCL BA XOM