Mid-session IV Report September 1, 2022

Mid-session IV Report September 1, 2022

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By -this often over looked information.

Option IV increases: LULU NVDA ATVI VERU GETY STX STWD

Popular stocks with increasing volume: SNAP F BBBY BABA OXY SQ XOM SHOP BA

NVIDIA (NVDA) 30-day option implied volatility is at 60; compared to its 52-week range of 31 to 82 after disclosing license requirement for exports. Call put ratio 1 call to 1.5 puts as shares sell off 10%.

Option implied volatility for industrial metal stocks as metal-commodity prices move lower

Nucor (NUE) 30-day option implied volatility is at 48; compared to its 52-week range of 37 to 60.

Steel Dynamics (STLD) 30-day option implied volatility is at 50; compared to its 52-week range of 39 to 98.

U.S. Steel (X) 30-day option implied volatility is at 62; compared to its 52-week range of 50 to 78 as shares sell off 6.5%.

ArcelorMittal (MT) 30-day option implied volatility is at 49; compared to its 52-week range of 34 to 79 as shares sell off 6.5%.

TimkenSteel (TMST) 30-day option implied volatility is at 57; compared to its 52-week range of 57 to 102.

Alcoa (AA) 30-day option implied volatility is at 64; compared to its 52-week range of 49 to 82 as shares sell off 6.8%.

Arconic (ARNC) 30-day option implied volatility is at 48; compared to its 52-week range of 40 to 115 as shares sell off 4%.

Century Aluminum (CENX) 30-day option implied volatility is at 77; compared to its 52-week range of 62 to 139 as shares sell off 5%.

Constellium (CSTM) 30-day option implied volatility is at 49; compared to its 52-week range of 40 to 66 as shares sell off 3.8%.

Kaiser Aluminum (KALU) 30-day option implied volatility is at 42; compared to its 52-week range of 40 to 105 as shares sell off 3.6%.

Vale S.A. (VALE) 30-day option implied volatility is at 48; compared to its 52-week range of 24 to 80 as shares sell off 3.2%.

Rio Tinto plc (RIO) 30-day option implied volatility is at 39; compared to its 52-week range of 28 to 87 as shares sell off 3.8%.

Freeport-McMoran (FCX) 30-day option implied volatility is at 58; compared to its 52-week range of 41 to 65 as shares sell off 5%.

BHP Billiton Ltd. (BHP) 30-day option implied volatility is at 37; compared to its 52-week range of 26 to 89 as shares sell off 2.9%.

Option IV into quarter results and outlook

lululemon athletica (LULU) September weekly call option implied volatility is at 160, September is at 65; compared to its 52-week range of 24 to 70 into the expected release of quarter results today after the bell.

Activision Blizzard (ATVI) 30-day option implied volatility is at 22; compared to its 52-week range of 7 to 48 amid reports of UK watchdog competition concerns. Call put ratio 1.5 calls to 1 put.

Options with decreasing option implied volatility: HRL CPB AI LE OLLI SIG CIEN
Increasing unusual option volume: AVCT NTNX DXC BBW XME OKTA FIVE
Increasing unusual call option volume: NTNX SMAR OKTA CSSE SIRI WU
Increasing unusual put option volume: LQDA XME OKTA NTNX VEEV FIVE VRM HRL
Active options: AAPL NVDA TSLA AMD AMZN META SNAP F BBBY GOOGL OKTA MSFT NIO BABA OXY SQ XOM SHOP NFLX BA