Mid-session IV Report September 10, 2020

Mid-session IV Report September 10, 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: PTON ORCL CHWY KR UCO USO EMB QRTEA POR CSTM FSK SFIX FIT ABT

Popular stocks with increasing unusual volume: PTON PENN ZM BYND WORK SNAP

Oracle (ORCL) September weekly call option implied volatility is at 116, September is at 55; compared to its 52-week range 15 to 92 into the expected release of quarter results today after the bell. Call put ratio 2.8 calls to 1 put with focus on September weekly and September 58 calls.

Peloton (PTON) September weekly call option implied volatility is at 301, September is at 160; compared to its 52-week range of 58 to 158 into the expected release of quarter results today after the bell. Call put ratio 3.2 calls to 1 put with focus on September weekly 95 and September 100 calls as shares rally 4%.

Chewy (CHWY) September weekly call option implied volatility is at 241, September is at 122; compared to its 52-week range of 43 to 117 into the expected release of quarter results today after the bell. Call put ratio 3.5 calls to 1 put with focus on September weekly 63 calls as shares rally 1.2%.

Kroger (KR) September weekly call option implied volatility is at 123, September is at 58; compared to its 52-week range of 20 to 95 into the expected release of quarter results before the bell on September 11. Call put ratio 1 call to 2.1 puts.

Apple (AAPL) September weekly option implied volatility is at 59, September is at 57; compared to its 52-week range of 18 to 90 into September 15 event. Call put ratio 2.7 calls to 1 put with focus on September weekly 120 call options.

Tesla (TSLA) September weekly call option implied volatility is at 126, September is at 101; compared to its 52-week range of 34 to 154 into hosting a Battery Day event after its annual meeting on September 22. Call put ratio 1.9 calls to 1 put as shares rally 7.4%.

Nikola (NKLA) September weekly call option implied volatility is at 236, September is at 151; compared to its 52-week range of 67 to 305 as shares are down 8.5% after a negative short report. Call put ratio 1 call to 1.5 puts with focus on September weekly 37 and 38 puts.

Market Vectors Semiconductor ETF (SMH) September weekly call option implied volatility is at 39, September is at 35; compared to its 52-week range of 19 to 91 as shares up 20% for the year. Call put ratio 1 call to 1.7 puts.

Kansas City Southern (KSU) September weekly call option implied volatility is at 15, September is at 25; compared to its 52-week range of 17 to 82 after rejects $20B buyout bid from PE suitors, WSJ says. Call put ratio 9.3 calls to 1 put with focus on October calls.

Increasing unusual option volume: SLQT YRCW KODK MLCO GME GOGO CPRI
Increasing unusual call option volume: YRCW SLQT KODK MLCO LQD CPRI VNO RH TIF GME
Increasing unusual put option volume: CSIQ GOGO MLCO BIGC GME WGO KODK RH VIAC BKLN BBBY
Options with decreasing option implied volatility: CRON RKT GME CLDR WORK DOCU BHC PD SWBI SDS
Active options: AAPL TSLA NKLA FB PTON BAC MSFT AMD DKNG GME NIO ZM BYND AMZN DIS AAL PENN NVDA WORK SNAP