Mid-session IV Report September 11, 2018

Mid-session IV Report September 11, 2018

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 overlooked information.

Options with increasing option implied volatility: CC EXEL AVGO WDC SWKS WBA STX BHF SLV

Active options with increasing volume: SLB GERN AABA X CTRP PVTL

Apple (AAPL) September weekly call option implied volatility is at 35, September is at 28; compared to its 52-week range of 16 to 34 into September 12 event. Call put ratio 1.76 calls to 1 put with focus on September weekly 220 calls.

Tesla (TSLA) September weekly call option implied volatility is at 64, September is at 60, October is at 61; compared to its 52-week range of 32 to 71 after Nomura Instinet downgraded the stock, which he believes is “no longer investable” due to the recent behavior of Chief Executive Officer Elon Musk. Call put ratio 1 to 1 as shares sell off 2.4%.

Snap Inc (SNAP) September weekly call option implied volatility is at 59, September is at 51, October is at 49; compared to its 52-week range of 36 to 97. Call put ratio 4.3 calls to 1 put after upgraded to Outperform from Neutral at Wedbush.

Option implied volatility flat into evacuations were ordered along the U.S. Atlantic Coast as Hurricane Florence, now a Category 4 storm, heads towards the region.

Home Depot (HD) September weekly call option implied volatility is at 22, September is at 19, October is at 18; compared to its 52-week range of 13 to 41. Call put ratio 3.7 calls to 1 put with focus on September weekly and September 215 calls.

Lowe’s (LOW) September weekly call option implied volatility is at 23, September is at 21, October is at 20; compared to its 52-week range of 16 to 42. Call put ratio 1.95 calls to 1 put.

Bojangles’ (BOJA) September call option implied volatility is at 33, October is at 34; compared to its 52-week range of 24 to 66.

Zoe’s Kitchen (ZOES) September call option implied volatility is at 44, October is at 54; compared to its 52-week range of 12 to 90.

Generac Holdings (GNRC) September call option implied volatility is at 42, October is at 33; compared to its 52-week range of 22 to 49. Call put ratio 6.2 calls to 1 put with focus on September and October 60 calls.

VF Corp. (VFC) September weekly call option implied volatility is at 31, September is at 24, October is at 23; compared to its 52-week range of 17 to 37 into an investor meeting on September 12.

Pivotal (PVTL) September call option implied volatility is at 158, October is at 99; compared to its 52-week range of 51 to 105 into the expected release of EPS on September 12. September 27 calls active on 3,450 contracts.

Adobe (ADBE) September weekly call option implied volatility is at 59, September is at 40, October is at 31; compared to its 52-week range of 19 to 36 into the expected release of EPS after the market close on September 13.

Kroger (KR) September weekly call option implied volatility is at 95, September is at 56, October is at 36; compared to its 52-week range of 22 to 48 into the expected release of EPS before the market open on September 13.

Geron Corp (GERN) call put ratio 1 call to 1.78 puts into Johnson & Johnson’s (JNJ) subsidiary Janssen making continuation decision

Increasing unusual call option volume: FOMX IDTI SSC UNIT FTV UNIT MB PVTL GNRC FNKO LE GD
Increasing unusual put option volume: FNV INDA SAN XL IBN ALKS NEPT EC GERN CTRP
Popular stocks with increasing unusual option volume: FRAN GNRC SONO YUMC LE
Options with decreasing option implied volatility: IDTI SONO NXPI AMZN LEN MRVL
Active options: AMD MU AAPL BABA FB SNAP AMZN PBR FTV TSLA MSFT NFLX BAC GERN X SQ INTC SLB AABA GE