Mid-session IV Report September 26, 2024

Mid-session IV Report September 26, 2024

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: AUR YINN HUMA BILI DXCM WB ALGN KWEB BEKE FXI SPOT JD ASHR NOW NTES TCOM IBM AES K UPS DHR T JD QFIN EDU

Popular stocks with increasing volume: ORCL INTC MU NIO VLO JD PLTR KMX OXY FCX BIDU

Active options: NVDA TSLA BABA ORCL INTC AAPL MU NIO AMD META VLO AMZN JD PLTR KMX OXY FCX GOOGL BIDU RDDT

Option IV increases after China boosts stimulus

Pinduoduo (PDD) 30-day option implied volatility is at 41; compared to its 52-week range of 30 to 77. Call put ratio 3.2 calls to 1 put with focus on September 27 weekly calls after China boosts stimulus.

JD.com (JD) 30-day option implied volatility is at 49; compared to its 52-week range of 34 to 64. Call put ratio 3.4 calls to 1 put with a focus on October 40 and 44 calls after China boosts stimulus.

Alibaba (BABA) 30-day option implied volatility is at 39; compared to its 52-week range of 27 to 47 into China boosts stimulus. Call put ratio 3.3 calls to 1 put with a focus on November 120 and 130 calls after China boosts stimulus.

Db X-trackers Harvest Csi 300 China A – Shares Fund (ASHR) 30-day option implied volatility is at 30; compared to its 52-week range of 14 to 25. Call put ratio 10.7 calls to 1 put with a focus on October 24 and 28 calls after China boosts stimulus.

KraneShares CSI China Internet ETF (KWEB) 30-day option implied volatility is at 41; compared to its 52-week range of 25 to 42 into China boosts stimulus. Call put ratio 8.2 calls to 1 put with a focus on October 35 and 36 calls after China boosts stimulus.

iShares China Large-Cap (FXI) 30-day option implied volatility is at 36; compared to its 52-week range of 20 to 33. Call put ratio 28 calls to 1 put with focus on November 37 calls as share price up 6%.

Mover

Super Micro Computer (SMCI) September weekly call option implied volatility is at 167, October is at 72; compared to its 52-week range of 54 to 117. Call put ratio 1.2 calls to 1 put with focus on September 27 weekly 475 puts as share price down 13%.

Option IV into quarter results

Costco (COST) September weekly call option implied volatility is at 89, October is at 31; compared to its 52-week range of 15 to 33 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1 put with focus on September 27 weekly options.

BlackBerry (BB) September weekly call option implied volatility is at 240, October is at 88; compared to its 52-week range of 38 to 191 into the expected release of quarter results today. Call put ratio 5 calls to 1 put with focus on September 27 weekly 2.5 and 3 calls.

CarMax (KMX) October call option implied volatility is at 40, November is at 37; compared to its 52-week range of 26 to 83 into the expected release of quarter results before the bell on September 26. Call put ratio 1 call to 1.5 puts with focus on October 77.50 and 80 calls.

Freight shipper option volume and IV after China increases stimulus

Star Bulk Carriers (SBLK) 30-day option implied volatility is at 31; compared to its 52-week range of 20 to 78 with a focus on November 23 and 24 calls as share price up 2%.

Global Ship Lease (GSL) 30-day option implied volatility is at 31; compared to its 52-week range of 16 to 76. Call put ratio 1.5 calls to 1 put as share price up 1.5%.

Nordic American Tanker (NAT) 30-day option implied volatility is at 38; compared to its 52-week range of 27 to 86. Call put ratio 23.5 calls to 1 put with a focus on January 3.5 calls after China boosts stimulus.

ZIM Integrated Shipping Services Ltd. (ZIM) 30-day option implied volatility is at 73; compared to its 52-week range of 49 to 113.

Danaos Corporation (DAC) 30-day option implied volatility is at 26; compared to its 52-week range of 17 to 38 with a focus on December 85 puts.

Genco Shipping & Trading Limited (GNK) 30-day option implied volatility is at 29; compared to its 52-week range of 19 to 52.

Options with decreasing option implied volatility: FDX MU KMX ACN KBH LEN
Increasing unusual option volume: MNSO ASHR TIGR EC AR JBL YANG CAPR TAL MT PGY VLO
Increasing unusual call option volume: ASHR TIGR EC VLO MT BHP TAL YANG MCHI IQ JBL YUMC PGY
Increasing unusual put option volume: JBL AR TTE ASHR SGMO YANG BMBL YPF ALL TAL CAN LUNR YUMC KMX