Mid-session IV Report September 21, 2020

Mid-session IV Report September 21, 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: FIT VALE ILMN INTC TSLA NKLA NIO WKHS JPM CAR SIX

Popular stocks with increasing unusual volume: ZM AAL VALE ORCL DKNG WKHS PTON
Option implied volatility for battery-energy vehicles

Tesla (TSLA) September weekly call option implied volatility is at 202, October is at 130; 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 2.3 calls to 1 put.

Nikola (NKLA) September weekly call option implied volatility is at 231, October is at 148; compared to its 52-week range of 21 to 305 after Nikola (NKLA) founder Trevor Milton stepped down as Chairman. Call put ratio 1 call to 1.78 puts with focus on September weekly 25 puts.

NIO Inc. (NIO) September weekly call option implied volatility is at 114, October is at 104; compared to its 52-week range of 77 to 221 after Nikola (NKLA) founder Trevor Milton stepped down as Chairman. Call put ratio 2.6 calls to 1 put.

Workhorse Group (WKHS) September weekly call option implied volatility is at 178, October is at 174; compared to its 52-week range of 102 to 287 after Nikola (NKLA) founder Trevor Milton stepped down as Chairman. Call put ratio 1.7 calls to 1 put.

Kandi Technologies Group (KNDI) September weekly call option implied volatility is at 95, October is at 97; compared to its 52-week range of 47 to 355. Call put ratio 3.5 calls to 1 put.

Li Auto Inc. (LI) 30-day option implied volatility is at 123; compared to its 6-week range of 101 to 177. Call put ratio 13 calls to 1 put.

Electrameccanica Vehicles (SOLO) October call option implied volatility is at 111, October is at 140; compared to its 52-week range of 77 to 400. Call put ratio 14 calls to 1 put with focus on September weekly calls.

Blink Charging (BLNK) 30-day option implied volatility is at 158; compared to its 52-week range of 59 to 266. Call put ratio 6.2 calls to 1 put with focus on October 7.5 options.

Plug Power (PLUG) September weekly call option implied volatility is at 130, October is at 95; compared to its 52-week range of 54 to 185.Call put ratio 2.8 calls to 1 put with focus on September calls.

Ballard Power (BLDP) October call option implied volatility is at 88, November is at 93; compared to its 52-week range of 49 to 217 as shares are up 2.8%. Call put ratio 13.7 calls to 1 put with focus on November 17 and 18 calls.
Option implied volatility into quarterly results

Aurora Cannabis (ACB) September weekly call option implied volatility is at 214, October is at 133; compared to its 52-week range of 63 to 308 into the expected release of quarter results on September 22.

AutoZone (AZO) September weekly call option implied volatility is at 61, October is at 37; compared to its 52-week range of 17 to 97 into the expected release of quarter results before the bell the bell on September 22.

BlackBerry (BB) September weekly call option implied volatility is at 127, October is at 74; compared to its 52-week range of 32 to 145 into the expected release of quarter results on September 22. Call put ratio 4 calls to 1 put with focus on September weekly 5 calls.

KB Home (KBH) October call option implied volatility is at 62, September is at 58; compared to its 52-week range of 28 to 176 into the expected release of quarter results after the bell the bell on September 22.

Nike (NKE) September weekly call option implied volatility is at 75, October is at 42; compared to its 52-week range of 16 to 112 into the expected release of quarter results after the bell the bell on September 22. Call put ratio 2.1 calls to 1 put.

Steelcase (SCS) call option implied volatility is at 87, November is at 65; compared to its 52-week range of into the expected release of quarter results after the bell the bell on September 22. Call put ratio 35 calls to 1 put with focus on October 12.50 and 15 calls.

Stich Fix (SFIX) September weekly call option implied volatility is at 195, October is at 99; compared to its 52-week range of 46 to 133 into the expected release of quarter results after the bell the bell on September 22. Call put ratio 1 call to 1.3 puts.

Fluidigm (FLDM) October call option implied volatility is at 164, November is at 155; compared to its 52-week range of 71 to 396. Call put ratio 1.2 calls to 1 put with focus on October 7.5 and 10 options amid wide price movement.

Illumina (ILMN) September weekly call option implied volatility is at 80, October is at 43; compared to its 52-week range of 23 to 78 after announcing the acquisition of GRAIL for cash and stock consideration of $8B.

Farfetch Limited (FTCH) October 33 calls active as shares sell off 3%

Increasing unusual option volume: MLHR ING VIAV UBS NAV MAT GPN LAC
Increasing unusual call option volume: MAT ING SU LAC OVV EGO MT XRX AMPE SAVA VALE
Increasing unusual put option volume: GPN STNE SIX TRIP FEZ TGTX SBSW MAT CNQ
Options with decreasing option implied volatility: CRON CLVS FDX IMMU
Active options: AAPL TSLA NKLA AMD NIO GE ROKU BAC ZM MSFT FB AAL VALE ORCL BA DKNG AMZN NVDA WKHS PTON