Mid-session IV Report September 27, 2024

Mid-session IV Report September 27, 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: YINN AUR BILI KWEB BABA BEKE DXCM WB TCOM ALGN BIDU FXI ASHR PDD RBLX NTES NOW HLX SWN IONQ

Popular stocks with increasing volume: INTC PDD NIO MU JD COST AVGO SOFI

Active options: NVDA TSLA BABA AAPL INTC PDD NIO SMCI AMD MU MSTR PLTR RKLB JD COST META AVGO MARA SOFI GOOGL

Commodity price option IV

United States Oil Fund (USO) 30-day option implied volatility is at 34; compared to its 52-week range of 20 to 42 as WTI crude prices trades $68.

Energy Select Sector SPDR ETF (XLE) 30-day option implied volatility is at 21; compared to its 52-week range of 16 to 32 with a focus on November 90 calls trading at $1.50 as WTI crude prices trades $68.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 33; compared to its 52-week range of 28 to 40 as gold trades above $2672. Call put ratio 1.3 calls to 1 put as option traders roll 6955 contracts of September 27 weekly 41.50 calls to October 4 weekly 42 calls.

iShares Silver Trust (SLV) 30-day option implied volatility is at 34; compared to its 52-week range of 20 to 40 as share price down 1%. Call put ratio 3.3 calls to 1 put with focus on October 4 weekly 30 calls.

Freeport-McMoran (FCX) 30-day option implied volatility is at 49; compared to its 52-week range of 29 to 48. Call put ratio 4.7 calls to 1 put with focus on 8500 contracts of December 65 calls trading at 61c.

Option IV into quarter results

Carnival Corp (CCL) October 4 weekly call option implied volatility is at 83, October is at 59; compared to its 52-week range of 36 to 60 into the expected release of quarter results before the bell on September 30.

Nike (NKE) October 4 weekly call option implied volatility is at 62, October is at 39; compared to its 52-week range of 19 to 43 into the expected release of quarter results after the bell on October 1. Call put ratio 2.6 calls to 1 put with focus on October 4 weekly 97 calls.

Options with decreasing option implied volatility: SFIX RCAT
Increasing unusual option volume: BMEA TIGR ASHR MNSO MLCO MTN PHG KVYO WB ESTA YANG GEVO
Increasing unusual call option volume: BMEA TIGR ASHR MLCO IONQ WB KVYO SMMT GOTU YANG MCHI TAL RKLB TCOM
Increasing unusual put option volume: ASHR PPL MT SATS SAVA GEHC IONQ SMMT