Mid-session IV Report February 21, 2024

Mid-session IV Report February 21, 2024

The following report is a snapshot 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: RXRX CCCC PDD SIG LULU FDX NKE ACN VYTX RNA MU ZS CRWD CHKP GRCL

Popular stocks with increasing volume: PANW SMCI BAC GME COIN CRWD WMT PG

Option IV into NVIDIA (NVDA) results and NVIDIA hosting its flagship GTC 2024 conference at the San Jose Convention Center from March 18-21.

NVIDIA (NVDA) February weekly call option implied volatility is at 170, March is at 68; compared to its 52-week range of 32 to 68 into the expected release of quarter results today after the bell and NVIDIA hosting its flagship GTC 2024 conference at the San Jose Convention Center from March 18-21.

Arm Holdings (ARM) February weekly call option implied volatility is at 187, March is at 131; compared to its 52-week range of 34 to 170.

Super Micro Computer (SMCI) February weekly call option implied volatility is at 205, March is at 109; compared to its 52-week range of 34 to 170.

Applied Materials (AMAT) 30-day option implied volatility is at 36; compared to its 52-week range of 26 to 45.

Intel (INTC) 30-day option implied volatility is at 39; compared to its 52-week range of 28 to 49.

Analog Devices (ADI) February weekly call option implied volatility is at 43, March is at 26; compared to its 52-week range of 20 to 34.

Broadcom (AVGO) 30-day option implied volatility is at 40; compared to its 52-week range of 23 to 57.
AMD (AMD) 30-day option implied volatility is at 50; compared to its 52-week range of 34 to 58.

GlobalFoundries (GFS) 30-day option implied volatility is at 42; compared to its 52-week range of 30 to 86. Call put ratio 2.9 calls to 1 put as share price down 3%.

Taiwan Semi (TSM) 30-day option implied volatility is at 35; compared to its 52-week range of 22 to 39.

Mobileye (MBLY) 30-day option implied volatility is at 47; compared to its 52-week range of 33 to 105. Call put ratio 3 calls to 1 put as share price down 2%.

Micron Technology (MU) 30-day option implied volatility is at 45; compared to its 52-week range of 27 to 51. Call put ratio 3 calls to 1 put.

Qorvo (QRVO) 30-day option implied volatility is at 29; compared to its 52-week range of 23 to 71.

Qualcomm (QCOM) 30-day option implied volatility is at 29; compared to its 52-week range of 22 to 43.

Skyworks Solutions (SWKS) 30-day option implied volatility is at 29; compared to its 52-week range of 23 to 41.

Cadence Design Systems (CDNS) 30-day option implied volatility is at 32; compared to its 52-week range of 21 to 76. Call put ratio 3 calls to 1 put.

Microsoft (MSFT) 30-day option implied volatility is at 21; compared to its 52-week range of 18 to 33.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 32; compared to its 52-week range of 22 to 36.

Option IV into quarter results

Rivian (RIVN) February weekly call option implied volatility is at 240, March is at 103; compared to its 52-week range of 57 to 101 into the expected release of quarter results after the bell on February 21.

Etsy (ETSY) February weekly call option implied volatility is at 168, March is at 71; compared to its 52-week range of 38 to 73 into the expected release of quarter results today after the bell.

Joby Aviation (JOBY) February weekly call option implied volatility is at 200, March is at 85; compared to its 52-week range of 45 to 122 into the expected release of quarter results today after the bell.

Lucid (LCID) February weekly call option implied volatility is at 340, March is at 145; compared to its 52-week range of 52 to 141 into the expected release of quarter results today after the bell.

NVIDIA (NVDA) February weekly call option implied volatility is at 170, March is at 68; compared to its 52-week range of 32 to 68 into the expected release of quarter results today after the bell and NVIDIA hosting its flagship GTC 2024 conference at the San Jose Convention Center from March 18-21.

Intuit (INTU) February weekly call option implied volatility is at 85, March is at 38; compared to its 52-week range of 21 to 44 into the expected release of quarter results after the bell on February 22.

Booking Holdings (BKNG) February weekly call option implied volatility is at 95, March is at 37; compared to its 52-week range of 20 to 38 into the expected release of quarter results after the bell on February 22.

EOG Resources (EOG) February weekly call option implied volatility is at 65, March is at 33; compared to its 52-week range of 22 to 49 into the expected release of quarter results after the bell on February 22.

MercadoLibre (MELI) February weekly call option implied volatility is at 122, March is at 50; compared to its 52-week range of 28 to 62 into the expected release of quarter results on February 22.

Block (SQ) February weekly call option implied volatility is at 207, March is at 79; compared to its 52-week range of 37 to 80 into the expected release of quarter results after the bell on February 22.

Pacific Gas & Electric (PCG) February weekly call option implied volatility is at 57, March is at 29; compared to its 52-week range of 19 to 31 into the expected release of quarter results before the bell on February 22. Call put ratio 25 calls to 1 put.

Moderna (MRNA) February weekly call option implied volatility is at 149, March is at 69; compared to its 52-week range of 40 to 66 into the expected release of quarter results before the bell on February 22.

Cheniere (LNG) February weekly call option implied volatility is at 59, March is at 29; compared to its 52-week range of 21 to 41 into the expected release of quarter results before the bell on February 22. Call put ratio 25 calls to 1 put with a focus on March calls.

Rocket (RKT) February weekly call option implied volatility is at 169, March is at 68; compared to its 52-week range of 34 to 67 into the expected release of quarter results after the bell on February 22.

Options with decreasing option implied volatility: IOVA VRM MANU ABR UPST CART LYFT APP UPWK ROKU TOST FSLY TTD BE HOOD VFS
Increasing unusual option volume: PLAB QRTEA OCGN GLBE CHKP GRMN SOUN WKHS NNOX
Increasing unusual call option volume: GLBE MDRX OCGN WING CHK INDI SOUN CRNT
Increasing unusual put option volume: SOUN LYV TDOC URA PANW GLBE VRT BFH DAR IGV IOVA
Active options: TSLA AMZN NVDA PANW AAPL BABA PLTR AMD META MARA SMCI BAC GME COIN MSFT CRWD WMT TDOC PG MPW