Mid-session IV Report February 22, 2024

Mid-session IV Report February 22, 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: PDD RXRX SWN LULU NKE FDX ACN TFLNC AMLX

Popular stocks with increasing volume: PLTR RIVN INTC ARM SMCI F TSM T LCID PANW AAL

NVIDIA (NVDA) option IV 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 65, March is at 45; compared to its 52-week range of 32 to 68 into 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 129, March is at 127; compared to its 52-week range of 34 to 170 as share price up 6.2%.

Super Micro Computer (SMCI) February weekly call option implied volatility is at 151, March is at 104; compared to its 52-week range of 34 to 170 as share price up 19%.

AMD (AMD) 30-day option implied volatility is at 48; compared to its 52-week range of 34 to 58 as share price up 10%.

Intel (INTC) 30-day option implied volatility is at 34; compared to its 52-week range of 28 to 49. Call put ratio 5.6 calls to 1 put with a focus on April 50 calls.

Broadcom (AVGO) 30-day option implied volatility is at 41; compared to its 52-week range of 23 to 57.

Option IV into quarter results

Intuit (INTU) February weekly call option implied volatility is at 110, March is at 38; compared to its 52-week range of 21 to 44 into the expected release of quarter results today after the bell.

Booking Holdings (BKNG) February weekly call option implied volatility is at 105, March is at 38; compared to its 52-week range of 20 to 38 into the expected release of quarter results today after the bell.

EOG Resources (EOG) February weekly call option implied volatility is at 83, March is at 33; compared to its 52-week range of 22 to 49 into the expected release of quarter results today after the bell.

MercadoLibre (MELI) February weekly call option implied volatility is at 155, March is at 50; compared to its 52-week range of 28 to 62 into the expected release of quarter results.

Block (SQ) February weekly call option implied volatility is at 259, March is at 76; compared to its 52-week range of 37 to 80 into the expected release of quarter results today after the bell. Call put ratio 2.3 calls to 1 put.

Rocket (RKT) February weekly call option implied volatility is at 205, March is at 68; compared to its 52-week range of 34 to 67 into the expected release of quarter results today after the bell.

Warner Bros Discovery (WBD) February weekly call option implied volatility is at 190, March is at 67; compared to its 52-week range of 37 to 65.

Option IV for VZ, TMUZ and T amid service distruptions

Verizon Communications (VZ) 30-day option implied volatility is at 19; compared to its 52-week range of 15 to 33 as share price down 1%.

T-Mobile (TMUS) 30-day option implied volatility is at 16; compared to its 52-week range of 14 to 29. Call put ratio 1 call to 1.7 puts.

AT&T (T) 30-day option implied volatility is at 22; compared to its 52-week range of 16 to 38 as share price down 2.4%. Call put ratio 1 call to 2.4 puts.

Options with decreasing option implied volatility: MANU IOVA ABR UPWK PLCE AUPH APP FSLY HLF MSOS SEDG ROKU
Increasing unusual option volume: TNDM GOGL SOUN OCUL ROOT GSM
Increasing unusual call option volume: GOGL SOUN OCGN AMLX CIEN NVDS SKYT TCOM
Increasing unusual put option volume: FLNC SOUN MQ NVAX NTR MDRX NUE FBRR PLNT YETI
Active options: NVDA TSLA PLTR AMD RIVN AMZN AAPL INTC META MSFT ARM SMCI F TSM GOOGL T LCID PANW MARA AAL