Mid-session IV Report September 18, 2020

Mid-session IV Report September 18, 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: GME KODK SHY LAC WRK BE VALE SAVA

Popular stocks with increasing unusual volume: VALE KODK AAL ZM BYND WKHS X

Mega cap tech into quadruple expiration. Put movement increasing

Amazon (AMZN) September call option implied volatility is at 54, September weekly is at 41, October is at 42; compared to its 52-week range of 16 to 68. Call put ratio 1.1 calls to 1 put.

Tesla (TSLA) September call option implied volatility is at 163, September weekly is at 164, October is at 125; 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 2.2 calls to 1 put.

Apple (AAPL) September option implied volatility is at 73, September weekly is at 51, October is at 45; compared to its 52-week range of 18 to 90. Call put ratio 1.4 calls to 1 put with focus on September 110 calls and puts.

Facebook (FB) September call option implied volatility is at 64, September weekly is at 44, October is at 41; compared to its 52-week range of 20 to 81. Call put ratio 2.3 calls to 1 put with focus on September ATM calls.

Microsoft (MSFT) September weekly call option implied volatility is at 53, September weekly is at 35, October is at 34; compared to its 52-week range of 15 to 90. Call put ratio 1.5 calls to 1 put.

Netflix (NFLX) September weekly call option implied volatility is at 65, September weekly is at 45, October is at 44; compared to its 52-week range of 28 to 99. Call put ratio 2.4 calls to 1 put with focus on September ATM calls.

Alphabet (GOOGL) September call option implied volatility is at 39, September weekly is at 34, October is at 33; compared to its 52-week range of 14 to 75. Call put ratio 1.2 calls to 1 put.

Snap (SNAP) September call option implied volatility is at 73, September weekly is at 53, October is at 52; compared to its 52-week range of 38 to 126. Call put ratio 2.4 calls to 1 put with focus on September 24, 24.5 and 25 calls.

Movers

Beyond Meat (BYND) September option implied volatility at 74, September weekly is at 64, October is at 65; compared to its 52-week range of 47 to 130 after JPMorgan comments. Call put ratio 1.2 calls to 1 put.

Lithium Americas Corp (LAC) 30-day option implied volatility is at 196; compared to its 52-week range of 81 to 203. Call put ratio 42 calls to 1 put with focus on September calls.

WestRock (WRK) 30-day option implied volatility is at 64; compared to its 52-week range of 22 to 135. Call put ratio 28 calls to 1 put with focus on September and October 40 calls.

Fastly, Inc. (FSLY) September call option implied volatility is at 110, October is at 84; compared to its 52-week range of 53 to 144 amid renewed TikTok headlines.

Dave & Buster’s Entertainment (PLAY) September call option implied volatility is at 235, October is at 124; compared to its 52-week range of 31 to 482. Call put ratio 1.5 calls to 1 put with focus on October 16 and 16.50 calls.

Increasing unusual option volume: WPRT SAVA MAT MLHR LAC WRK VALE SWCH MT
Increasing unusual call option volume: SAVA WRK VALE LAC SWCH MAT MT IMGN
Increasing unusual put option volume: MAT SBSW XLC VOD BG DT LOGI MIK HRB
Options with decreasing option implied volatility: ADBE LEN KHC LQD CRON CLVS CVM IMMU UCO FDX
Active options: AAPL TSLA VALE FB AMD KODK NIO AAL AMZN ZM MSFT DKNG PENN MU GE WKHS X NVDA BYND BAC