Mid-session IV Report September 21, 2018

Mid-session IV Report September 21, 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: ADT FTV ARB X MDXG ARNC CRSP

Active options with increasing volume: WY REV ADT ATHM LH NBEV

Cannabis stocks option implied volatility decreases as shares sell off

Canopy Growth (CGC) September call option implied volatility is at 135, October is at 101; compared to its 52-week range of 57 to 109. Call put ratio 1.4 calls to 1 put.

Cronus Corporation (CRON) September call option implied volatility is at 250, October is at 146; compared to its 52-week range of 71 to 166. Call put ratio 2.1 calls to 1 put with focus on October 12.50 calls.

Tilray, Inc. (TLRY) September weekly call option implied volatility is at 256, October is at 225; compared to its 52-week range of 68 to 313. Call put ratio 1 call to 1.4 puts.

Geron Corp (GERN) September call option implied volatility is at 329, September weekly is at 288, October is at 300; compared to its 52-week range of 62 to 305 into Johnson & Johnson’s (JNJ) subsidiary Janssen making a continuation decision under its 2014 collaboration agreement with Geron. Call put ratio 2.1 calls to 1 put.

Amarin Corp. (AMRN) September call option implied volatility is at 416, September weekly is at 569, October is at 330; compared to its 52-week range of 35 to 428 into an expected release of an 8,000 patient study started in 2011 for their omega3 pill Vascepa.

Comcast (CMCSA) September weekly call option implied volatility is at 27, October is at 25; compared to its 52-week range 20 to 38 into Comcast, Disney (DIS)/Fox (FOXA) one-day auction for Sky on Saturday.

Disney (DIS) September weekly call option implied volatility is at 20, October is at 18; compared to its 52-week range 14 to 34 into Disney (DIS)/Fox (FOXA), Comcast (CMCSA) one-day auction for Sky on Saturday.

Nike (NKE) September weekly call option implied volatility is at 46, October is at 29; compared to its 52-week range of 17 to 35 into the expected release of Q1 on September 25.

Increasing unusual call option volume: TER IQV CRBP NBEV UGA LQD MZOR VWO UNFI WY
Increasing unusual put option volume: NBEV QID UNFI ARCC ED INDA TLRY
Popular stocks with increasing unusual option volume: GE BAC CSCO
Options with decreasing option implied volatility: MU CRON RTN TLRY CGC
Active options: MU AAPL BABA AMD TLRY FB T NFLX AMZN BAC MSFT MDXG TSLA INTC CZR NBEV NVDA CSCO GE JPM