Mid-session IV Report September 26, 2018

Mid-session IV Report September 26, 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: GE FOXA JD NKE ABMD XLP PM NWL ETP KMX AET IRBT TWTR ATHN XON GRUB

Options with increasing volume: GM WU FTV SQ M AMRN EA BIIB

Financial Select Sector SPDR ETF (XLF) September weekly call option implied volatility is at 20, October is at 15; compared to its 52-week range of 13 to 28 into Fed policy decision. Call put ratio 6.2 calls to 1 put.

Citigroup (C) September weekly call option implied volatility is at 24, October is at 22; compared to its 52-week range of 16 to 32. Call put ratio 1 call to 1.2 puts.

Bank of America (BAC) September weekly call option implied volatility is at 24, October is at 21; compared to its 52-week range of 16 to 36. Call put ratio 4 calls to 1 put.

Wells Fargo (WFC) September weekly call option implied volatility is at 22, October is at 21; compared to its 52-week range of 16 to 33. Call put ratio 2.8 calls to 1 put into Fed policy decision. Call put ratio 2.8 calls to 1 put.

PNC Financial Services (PNC) September weekly call option implied volatility is at 21, October is at 20; compared to its 52-week range of 16 to 33. Call put ratio 1 call to 3.6 puts.

JP Morgan (JPM) September weekly call option implied volatility is at 19, October is at 18; compared to its 52-week range of 15 to 34. Call put ratio 2.7 calls to 1 put.

Goldman Sachs (GS) September weekly call option implied volatility is at 23, October is at 21; compared to its 52-week range of 15 to 34. Call put ratio 5 calls to 1 put.

Morgan Stanley (MS) September weekly call option implied volatility is at 25, October is at 24; compared to its 52-week range of 18 to 34. Call put ratio 6.7 calls to 1 put.

Canopy Growth (CGC), Cronus (CRON) & Tilray, Inc. (TLRY) option implied volatility bid into Ontario expected to unveil new legalization guideline laws

Canopy Growth (CGC) September weekly call option implied volatility is at 97, October is at 91; compared to its 52-week range of 57 to 109. Call put ratio 1.9 calls to 1 put.

Cronus Corporation (CRON) September weekly call option implied volatility is at 129, October is at 122; compared to its 52-week range of 71 to 166. Call put ratio 1.3 calls to 1 put.

Tilray, Inc. (TLRY) September weekly call option implied volatility is at 226, October is at 165; compared to its 52-week range of 68 to 313. Call put ratio 1.3 calls to 1 put.

General Motors (GM) call put ratio 4.2 calls to 1 put with focus on October 36 and November 34 calls as shares at low end of range.

Southern Co. (SO) October call option implied volatility is at 35, November is at 22; compared to its 52-week range of 15 to 35 as shares near 22-month lows

Western Union (WU) call put ratio 20 calls to 1 put with focus on October 19 and 20 calls

Increasing unusual option volume: WU GM VNQ FTV TRVN XAU KMX IP HSIC IP AMRN
Increasing unusual call option volume: WU FTV IP KMX TRVN HSIC CTAS DRYS ZG AIMC
Increasing unusual put option volume: VNQ FTV AMRN AIMC KMX HSIC KBH CNP GPOR M CTAS NKE SE
Popular stocks with increasing unusual: M GOOS CHTR NDAQ HON ASH AA
Options with decreasing option implied volatility: UA ESPR HCLP TLRY OLED CGC TWLO MU CRON AMD
Active options: FTV AAPL AMD FB SQ GE NFLX NKE M BABA JD MU AMRN AMZN TSLA BAC MRVL SNAP GPRO EA