Mid-session IV Report September 13, 2018

Mid-session IV Report September 13, 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: PDD TMDM CZR GBT UTX DHI TEAM RHT ADBE PLAY PBR DVA

Active options with increasing volume: MYL CRUS GERN NDAQ DHR GNC KR

Amazon (AMZN) September weekly call option implied volatility is at 24, September is at 25, October is at 28; compared to its 52-week range of 18 to 52 into Chairman, President & CEO, Jeff Bezos speaking at a dinner meeting being held in Washington, D.C. on September 13 at 6 pm.

Adobe (ADBE) September weekly call option implied volatility is at 86, September is at 40, October is at 30; compared to its 52-week range of 19 to 36 into the expected release of EPS today after the market close on September 13. Call put ratio 1 call to 1 put.

Dave & Busters (PLAY) September weekly call option implied volatility is at 195, September is at 84, October is at 47; compared to its 52-week range of 27 to 64 into the expected release of EPS on September 14.

Apple (AAPL) September weekly call option implied volatility is at 32, September is at 24, October is at 23; compared to its 52-week range of 16 to 34 after unveiling iPhone and watch strategy for the next year. Call put ratio 1.77 calls to 1 put with focus on September weekly 225 and 230 calls.

Qualcomm (QCOM) September weekly call option implied volatility is at 29, September is at 24 October is at 25; compared to its 52-week range of 19 to 53 after initiates $16B accelerated share repurchase program. Call put ratio 2.9 calls to 1 with focus on September weekly 74 and 75 calls.

Caesars Entertainment (CZR) September weekly call option implied volatility is at 100, September is at 50, October is at 43; compared to its 52-week range of 28 to 55 after HG Vora takes 4.9% stake in Caesars to urge strategic review, Reuters says. Call put ratio 9 calls to 1 put with focus on September weekly 10.50 calls, September and October 11 calls.

Tesla (TSLA) out of the money puts more expensive than out of the money calls

Tesla (TSLA) September weekly call option implied volatility is at 63, September is at 55, October is at 60; compared to its 52-week range of 32 to 71. Out of the money September call option implied volatility is at 55, puts at 62.

Cirrus Logic (CRUS) call put ratio 1 call to 5.7 puts with focus on September weekly 39 and 40.50 puts

Increasing unusual call option volume: MPLX PVTL CDEV ADNT AIMT VTL PDD FIS PI TLRD
Increasing unusual put option volume: GNC PVTL AGG ITB KBH ACOR PDD HRL BKS
Popular stocks with increasing unusual option volume: KR CZR MGM
Options with decreasing option implied volatility: PVTL KR TLRD GERN UPS TRV QCOM
Active options: AMD AAPL BABA MU INTC BAC FB QCOM AMZN MSFT JD NFLX NVDA TSLA SNAP KR TWTR CZR TLRY MGM