Mid-session IV Report September 14, 2018

Mid-session IV Report September 14, 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: RCII FTV WMB FLEX MGM SNAP AIMC IYR TNDM GERN KMI

Active options with increasing volume: JNPR EDU LLL PLAY MRVL WEN SEAS CGC TLRY OI ESL FDX

Cannabis stocks are active after Politico reported the U.S. may bar Canadians who work in the marijuana industry or invest in the companies from entering the U.S.

Canopy Growth (CGC) September weekly call option implied volatility is at 148, September is at 100, October is at 92; compared to its 52-week range of 57 to 104. Call put ratio 1.8 calls to 1 put.

Cronus Corporation (CRON) September weekly call option implied volatility is at 168, September is at 116, October is at 114; compared to its 52-week range of 71 to 154. Call put ratio 1.78 calls to 1 put.

Tilray, Inc. (TLRY) September weekly call option implied volatility is at 325, September is at 190, October is at 156; compared to its 52-week range of 68 to 176. Call put ratio 1 call to 1 put as shares sell off 7%.

NiSource (NI) September call option implied volatility is at 67, October is at 23; compared to its 52-week range of 13 to 28 after gas explosions near Boston. Call put ratio 1 call to 8.9 puts with focus on September 25 calls.

FedEx (FDX) September call option implied volatility is at 31, October is at 22; compared to its 52-week range of 15 to 34 into the expected release of Q1 results after the market close on September 17. Call put ratio 1.4 calls to 1 put.

Avon Products (AVP) 30-day option implied volatility is at 55; compared to its 52-week range of 48 to 122 into a company a hosted investor day on September 21.

Snap (SNAP) September weekly call option implied volatility is at 115, September is at 63, October is at 51; compared to its 52-week range of 36 to 97. Call put ratio 2.1 calls to 1 put with focus on September weekly 10 calls as shares rally 3%.

Juniper Networks (JNPR) call put ratio 10.4 calls to 1 put with focus on September weekly and September calls.

Increasing unusual call option volume: OI XRX PLAY TSG REV TLRY ADBE
Increasing unusual put option volume: SEAS EWA WEN EMLC CGC TLRD TLRY GNC PLAY TBT FIT
Popular stocks with increasing unusual option volume: GE QCOM CGC TLRY
Options with decreasing option implied volatility: PLAY ADBE TLRD HEAR YINN NXPI EFA MRK LB BAC PYPL
Active options: AMD AAPL GE SNAP FB BABA NVDA AMZN MU TLRY BAC EDU MSFT ADBE TSLA NFLX CGC MRVL QCOM JD