Mid-session IV Report April 2, 2024

Mid-session IV Report April 2, 2024

The following report is a snap2shot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By this often over looked information.

Options with increasing option implied volatility: BHC WOLF TGTX SOFI TEAM SQ EXPE FSLY RBLX NET LMND FTNT AGQ PINS GNRC

Popular stocks with increasing volume: BHC WOLF TGTX TEAM SOFI TEAM SQ FSLY EXPE RBLX NET FTNT PINS GNRC EL DKNG PLTR MELI DBX

Tesla (TSLA) 30-day option implied volatility is at 58; compared to its 52-week range of 40 to 66. Call put ratio 1 calls to 1 put as share price down 5.9% as share price down 5.9%.

United States Oil Fund (USO) 30-day option implied volatility is at 25; compared to its 52-week range of 24 to 42 as WTI Crude trades $84.70.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 34; compared to its 52-week range of 25 to 40 as gold near upper end of range. Call put ratio 3.6 calls to 1 put as gold trades $2276.

Freeport-McMoran (FCX) 30-day option implied volatility is at 40; compared to its 52-week range of 29 to 50. Call put ratio 5.6 calls to 1 put.

Option IV as Medicare Advantage rates disappoint

Centene (CNC) 30-day option implied volatility is at 33; compared to its 52-week range of 21 to 35 as Medicare Advantage rates disappoint. Call put ratio 5.8 calls to 1 put as share price down 5.9%.

CVS Health (CVS) 30-day option implied volatility is at 29; compared to its 52-week range of 20 to 35 as Medicare Advantage rates disappoint. Call put ratio 1 call to 1.8 puts as share price down 8.7%.

Humana (HUM) 30-day option implied volatility is at 41; compared to its 52-week range of 17 to 38 as Medicare Advantage rates disappoint. Call put ratio 1.2 calls to 1 put as share price down 13.7%.

UnitedHealth Group (UNH) 30-day option implied volatility is at 26; compared to its 52-week range of 15 to 26as Medicare Advantage rates disappoint. Call put ratio 1.1 calls to 1 put as share price down 7%.

Walgreens Boots Alliance (WBA) 30-day option implied volatility is at 38; compared to its 52-week range of 21 to 55. Call put ratio 2.1 calls to 1 put.

Option IV as Bitcoin trades $66K

Coinbase (COIN) 30-day option implied volatility is at 96; compared to its 52-week range of 59 to 116. Call put ratio 2.6 calls to 1 put as share price down 2.6%.

Marathon Digital Holdings (MARA) 30-day option implied volatility is at 126; compared to its 52-week range of 89 to 195. Call put ratio 2.5 calls to 1 put as share price down 6.7%.

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 144; compared to its 52-week range of 55 to 164 as share price down 6.2%.

Riot Platforms (RIOT) 30-day option implied volatility is at 108; compared to its 52-week range of 84 to 144. Call put ratio 3.8 calls to 1 put as share price down 5.5%.

Options with decreasing option implied volatility: DJT VKTX GME ALAB RDDT RILY RH CCL MANU XP EXAS WBA
Increasing unusual option volume: SMTC PVH MVST EWU NKLA WTI LEVI ZTO PAA PAYX HCP GRTS
Increasing unusual call option volume: SMTC NOV ZTO MVST PAA WTI XPO GES PAGP NVEI PSN LEVI SMR PSEC
Increasing unusual put option volume: GOEV NKLA HCP PVH PAYX BALL ZI GRTS AKBA UWMC TDW ICLN VFC
Popular stocks with increasing volume: NKLA COIN RIVN SOFI XOM CLSK OXY
Active options: TSLA NVDA AMD AAPL NKLA PLTR GOOGL AMZN COIN MARA HOOD MU META GOOG RIVN SOFI XOM MSFT CLSK OXY