Mid-session IV Report September 8, 2020

Mid-session IV Report September 8, 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: PTON CHWY SAVE COUP ETSY PYPL FMCI SHLL ORCL TSLA WORK

Popular stocks with increasing unusual volume: NKLA NIO DIS WKHS GM PTON WORK SPCE ROKU

Large cap tech stock IV increases. Apple event September 15

Apple (AAPL) September weekly option implied volatility is at 80, September is at 71; compared to its 52-week range of 18 to 90 after announces September 15 event, likely tied to new iPhone. Call put ratio 1.8 calls to 1 put with focus on September weekly options.

Facebook (FB) September weekly call option implied volatility is at 68, September is at 54; compared to its 52-week range of 20 to 81. Call put ratio 1.98 calls to 1 put with focus on September weekly call options.

Netflix (NFLX) September weekly call option implied volatility is at 71, September is at 57; compared to its 52-week range of 28 to 99. Call put ratio 1.4 calls to 1 put with focus on September weekly 520 and 530 calls.

Alphabet (GOOGL) September weekly call option implied volatility is at 52, September is at 45; compared to its 52-week range of 14 to 75. Call put ratio 1.42 calls to 1 put.

Amazon (AMZN) September weekly option implied volatility is at 59, September is at 52; compared to its 52-week range of 16 to 69. Call put ratio 2.1 calls to 1 put with focus on September weekly options.

Microsoft (MSFT) September weekly call option implied volatility is at 55, September is at 48; compared to its 52-week range of 15 to 90. Call put ratio 2.2 calls to 1 put.

Tesla (TSLA) September weekly call option implied volatility is at 140, September is at 125; 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 1.5 calls to 1 put.

Momentum stocks option implied volatility increases as shares pullback

Pinterest (PINS) September weekly (11) option implied volatility is at 98, September is at 83, October is at 76; compared to its 52-week range of 38 to 154. Call put ratio 5.7 calls to 1 put with focus on September weekly (11) 34 and 35 calls.

Zoom Video (ZM) September weekly call option implied volatility is at 100, September is at 90; compared to its 52-week range of 36 to 137 as shares sell off 1.4%. Call put ratio 1 call to 1 put with focus on September weekly 370 and 375 calls.

Peloton (PTON) September weekly call option implied volatility is at 337, September is at 208; compared to its 52-week range of 58 to 158 into the expected release of quarter results on September 9. Call put ratio 6.1 calls to 1 put with focus on September 80, 85 and 90 calls as shares rally 7%.

Wayfair (W) September weekly option implied volatility is at 100, September is at 88; compared to its 52-week range of 41 to 210 as shares are up 2.5%. Call put ratio 1 call to 1.6 puts.

Shopify (SHOP) September weekly call option implied volatility at 87, September is at 73; compared to its 52-week range of 40 to 124 as shares near 52-week high. Call put ratio 1.3 call to 1 put as shares sell off 2.5%.

Salesforce (CRM) September weekly call option implied volatility is at 55, September is at 53; compared to its 52-week range of 19 to 97. Call put ratio 1.1 calls to 1 put as shares sell off 2.2%.

Beyond Meat (BYND) September weekly call option implied volatility is at 120, September is at 72; compared to its 52-week range of 47 to 130 as shares rally 5.4%. Call put ratio 7.1 calls to 1 put with focus on September weekly 135 calls.

IV bid into quarter results

Coupa Software (COUP) September weekly call option implied volatility is at 168, September is at 111; compared to its 52-week range 37 to 123 into the expected release of quarter results today after the bell. Call put ratio 1.6 calls to 1 put.

Slack (WORK) September weekly call option implied volatility is at 221, September is at 146; compared to its 52-week range 44 to 149 into the expected release of quarter results today after the bell. Call put ratio 4.5 calls to 1 put with focus on September 30 and 30.50 weekly calls.

American Eagle (AEO) September weekly call option implied volatility is at 140, September is at 97; compared to its 52-week range of 34 to 199 into the expected release of quarter results before the bell on September 9. Call put ratio 4.5 calls to 1 put with focus on November 11 and 12 calls.

Aurora Cannabis (ACB) September weekly call option implied volatility is at 122, September is at 114; compared to its 52-week range of 63 to 307 into the expected release of quarter results on September 9. Call put ratio 4 calls to 1 put with focus on September options.

Lovesac (LOVE) September call option implied volatility is at 154, October is at 112; compared to its 52-week range of 64 to 279 into the expected release of quarter results before the bell on September 9. Call put ratio 38 calls to 1 put with focus on September 30 and 35 calls.

MasterCraft Boat (MCFT) September call option implied volatility is at 113, October is at 85; compared to its 52-week range 40 to 154 into the expected release of quarter results before the bell on September 9. Call put ratio 5.6 calls to 1 put with focus on October 25 calls.

Navistar (NAV) September weekly call option implied volatility is at 91, September is at 80 compared to its 52-week range of 16 to 259 into the expected release of quarter results before the bell on September 9. Call put ratio 102 calls to 1 put with focus on September options amid wide bid ask spreads.

Oracle (ORCL) September weekly call option implied volatility is at 83, September is at 56; compared to its 52-week range 15 to 92 into the expected release of quarter results after the bell on September 9. Call put ratio 1 call to 9.4 puts with focus on September weekly 55 calls.

HD Supply Holdings (HDS) September call option implied volatility is at 55, October is at 45; compared to its 52-week range 18 to 85 into the expected release of quarter results after the bell on September 9. Call put ratio 16 calls to 1 put with focus on September calls.

LakeLand Industries (LAKE) September call option implied volatility is at 127, October is at 55; compared to its 52-week range of 39 to 238 into the expected release of quarter results after the bell on September 9.

RH (RH) September weekly call option implied volatility is at 186, September is at 114; compared to its 52-week range of 32 to 163 into the expected release of quarter results after the bell on September 9.

SelectQoute (SLQT) September call option implied volatility is at 116, October is at 89; compared to its 52-week range of 50 to 96 into the expected release of quarter results after the bell on September 9. Call put ratio 19.2 calls to 1 put.

GameStop (GME) September call option implied volatility is at 370, September is at 241; compared to its 52-week range of 52 to 227 into the expected release of quarter results after the bell on September 9.

Nikola (NKLA) September weekly call option implied volatility is at 270, September is at 181; compared to its 52-week range of 67 to 305 after announces strategic partnership with General Motors (GM). Call put ratio 4.1 calls to 1 put with focus on September weekly 50 calls.

Kraft Heinz (KHC) 30-day option implied volatility is at 39; compared to its 52-week range of 20 to 89 into investor day on September 15. Call put ratio 3.1 calls to 1 put with focus on January 30 calls as shares sell off 3.2%.

Increasing unusual option volume: ALBO KODK AEO UN AER PBI LYG LOVE NS
Increasing unusual call option volume: KODK UN AEO PBI NVS AKBA DOMO LYG
Increasing unusual put option volume: AER AEO CRBP WGO UN BG TLRY
Options with decreasing option implied volatility: CLVS MIK APT GSX CLDR HRB RXT
Active options: AAPL TSLA BAC NKLA MSFT BA NIO GE DIS AAL AMD WKHS GM PTON FB WORK NVDA AMZN SPCE ROKU