Mid-session IV Report September 20, 2018

Mid-session IV Report September 20, 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: NBEV PM GWPH TGTX EVHC SO DIS HPQ SO MU NIO

Active options with increasing volume: RARE LQD GGB BLDP KNDI WY OLN NOC UAA CAMP CGC TLRY CRON MU GE MNST VIPS

Cannabis stocks option implied volatility, volume and share price spike

Tilray, Inc. (TLRY) September call option implied volatility is at 460, October is at 280; compared to its 52-week range of 68 to 313. Call put ratio 1 call to 1 put as shares sell off 26%.

Canopy Growth (CGC) September call option implied volatility is at 149, October is at 108; compared to its 52-week range of 57 to 109. Call put ratio 1.5 calls to 1 put.

Cronus Corporation (CRON) September call option implied volatility is at 234, October is at 155; compared to its 52-week range of 71 to 166. Call put ratio 2.5 calls to 1 put with focus on September 13 and 14 calls.

Amazon (AMZN) September call option implied volatility is at 27, October is at 28; compared to its 52-week range of 18 to 52 into Alexa device event today. Call put ratio 1.37 calls to 1 put with focus on Sept 1930, 1950, 1955 calls.

Micron (MU) September call option implied volatility is at 159, October is at 54; compared to its 52-week range of 34 to 63 into the expected release of Q4 results today after the market close. Call put ratio 2.2 calls to 1 put with focus on September 46 and 47 calls.

S&P Dep Receipts (SPY) September call option implied volatility is at 9, October is at 8; compared to its 52-week range of 7 to 34 into quadruple witching as stocks near record highs. Call put ratio 1 call to 1 put.

PowerShares QQQ Trust (QQQ) September call option implied volatility is at 17, October is at 15; compared to its 52-week range of 11 to 30 into quadruple witching. Call put ratio 1 call to 1.4 puts.

Blackstone (BX) September call option implied volatility is at 34, October is at 22; compared to its 52-week range of 15 to 34 into a company hosted investor day on September 21.

Increasing unusual call option volume: KNDI OCN WY ACHN CPRT GE TNDM CZR VIPS MNST
Increasing unusual put option volume: NBEV EVHC GGB IEF OCN WY FTV CPRT DNR
Popular stocks with increasing unusual option volume: GE MNST MU CRON AABA TLRY
Options with decreasing option implied volatility: RHT DRI THO TGTX CRON VIAB FCX FEYE MA TGT V
Active options: AAPL MU GE BAC AMD FB BABA TSLA MSFT FTV SNAP AMZN GGB TLRY C NFLX NVDA JD CRON AABA