Mid-session IV Report September 18, 2019​

Mid-session IV Report September 18, 2019​

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.​
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Options with increasing option implied volatility: GLW PVTL COMM GLW DBX ACB MGM DBX KHC NEM CLF NFLX MLNX IBM PTCT TPH​
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Popular stocks with increasing unusual volume: SNAP C F CHWY ROKU ​
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United States Oil Fund (USO) September call option implied volatility is a 50, October is at 40; compared to its 52-week range of 23 to 62 as WTI Crude oil pulls back 1% into FOMC decision. Call put ratio 1 call to 1.1 put with focus on September 11.50 and 12 puts.​

United States Oil Fund (USO) 30 days IV call 39.1 -3.2%, puts 39.4 -3.4%, +10 strikes +400 contracts as shares sell off 1.2%.

S&P Dep Receipts (SPY) September call option implied volatility is at 18, October is at 13; compared to its 52-week range of 9 to 32 into Federal Reserve policy meeting decision today. Quadruple expiration is September 20. Call put ratio 1 call to 2.9 put with focus on September 280.50 and December 296 puts. ​
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PowerShares QQQ Trust (QQQ) September call option implied volatility is at 24, October is at 18; compared to its 52-week range of 14 to 37 into today’s Federal Reserve policy meeting decision. Call put ratio 1 call to 1 put. Quadruple expiration is September 20. Call put ratio 1 call to 2 puts with focus on October weekly 181 and 185 puts. ​
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Market Vectors Gold Miners ETF (GDX) September call option implied volatility is at 57, October is at 39; compared to its 52-week range of 21 to 36 into Federal Reserve policy meeting decision. Call put ratio 1.5 calls to 1 put with focus on September 28.50 and 34 calls. Quadruple expiration is September 20.​

Darden (DRI) September call option implied volatility is at 77, October is at 29; compared to its 52-week range of 18 to 45 into the expected release of quarter results before the bell on September 19. Call put ratio 1 call to 1.9 puts. ​
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Steelcase (SCS) September call option implied volatility is at 100, October is at 39; compared to its 52-week range of 25 to 60 into the expected release of quarter results on September 17.​
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Navistar (NAV) September call option implied volatility is at 50, October is at 46; compared to its 52-week range of 33 to 64 into an expected company hosted investor day on September 19. Call put ratio 42 calls to 1 put with focus on September 29 and 33 calls. ​
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Micron (MU) September call option implied volatility is at 40, September weekly is at 65, October is at 46; compared to its 52-week range of 36 to 65 into the expected release of quarter results on September 24.​
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Western Union (WU) September call option implied volatility is at 20, October is at 23; compared to its 52-week range of 18 to 40 into a company hosted to host investor day on September 24. Call put ratio 9.3 calls to 1 put with focus on October 24 calls after announcing it partners with Amazon (AMZN) in launch of PayCode in U.S.​
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LyondellBasell (LYB) September and October call option implied volatility is at 31; compared to its 52-week range of 22 to 42 into a company hosted to host investor day on September 24.​
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Best Buy (BBY) September call option implied volatility is at 35, September weekly is at 40, October is at 34; compared to its 52-week range of 23 to 57 into a company hosted biennial investor update on September 27.​
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FedEx (FDX) 30 days IV call 30.8 -4.8%, puts 30.8 -3.5%, +20 strikes +100 contracts as shares sell off 14% after less than expected outlook​
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Increasing unusual option volume: CRI NSTG ALDR ELY KRNT CDW PTCT FDX CVA KEX SEMG​
Increasing unusual call option volume: NSTG ELY SBGI ZTO UVE FDX KEX PBI VNO DVN​
Increasing unusual put option volume: ALDR BITA CVA FDX SGEN BGNE PE DUK DAKT AABA CHWY DF DBD​
Options with decreasing option implied volatility: ADVM AIMT NVAX AVYA KN CHWY LL ACB KR ​
Active options: AAPL ROKU FDX T BAC WFC ADBE NFLX AMD SNAP FB TSLA C MSFT BA AMZN BABA MU F CHWY​
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