Special IV Report April 14, 2020

Special IV Report April 14, 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.

Bank of America (BAC) 30-day call option implied volatility is at 61; compared to its 52-week range of 17 to 123 into the expected release of loan loss reserve outlook before the bell on April 15.

United States Oil Fund (USO) 30-day option implied volatility is at 102; compared to its 52-week range of 23 to 172 amid WTI trades below $20. Call put ratio 2 calls to 1 put.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 63; compared to its 52-week range of 21 to 146 into gold futures prices near 8-year high. Call put ratio 2.1 calls to 1 put.

SPDR Gold Trust (GLD) 30-day option implied volatility is at 25; compared to its 52-week range of 8 to 44. Call put ratio 1.7 calls to 1 put.