Mid-session IV Report February 28, 2024

Mid-session IV Report February 28, 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: MSTR JANX BYND DV G UNH

Popular stocks with increasing volume: PLTR COIN PBR SOFI AMC PANW BIDU

Option IV as Bitcoin trades $61,100 and just below its all-time high of $68,982 amid the upcoming launch of bitcoin ETFs and the so-called halving event set for next month.

Coinbase (COIN) 30-day option implied volatility is at 93; compared to its 52-week range of 59 to 126 as Bitcoin trades above $61K. Call put ratio 2.3 calls to 1 put.

Marathon Digital Holdings (MARA) 30-day option implied volatility is at 165; compared to its 52-week range of 89 to 196 as Bitcoin trades above $61K. Call put ratio 3.2 calls to 1 put.

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 116; compared to its 52-week range of 55 to 104 as Bitcoin trades above $61K.

Riot Platforms (RIOT) 30-day option implied volatility is at 122; compared to its 52-week range of 84 to 144 as Bitcoin trades above $61K as Bitcoin halving is approaching. Call put ratio 3.6 calls to 1 put.

Bit Digital (BTBT) 30-day option implied volatility is at 161; compared to its 52-week range of 89 to 174. Call put ratio 22 calls to 1 put with focus on April 5 calls as share price down 4%.

TeraWulf (WULF) 30-day option implied volatility is at 171; compared to its 52-week range of 20 to 240. Call put ratio 18 calls to 1 put with focus on March 3 calls.

Core Scientific (CORZ) 30-day option implied volatility is at 162; compared to its 52-week range of 80 to 162. Call put ratio 1.9 calls to 1 put as share price up 7.5%.

Option IV into quarter results

Salesforce (CRM) March weekly call option implied volatility is at 128, March is at 55; compared to its 52-week range of 20 to 51 into the expected release of quarter results today after the bell.

Snowflake (SNOW) March weekly call option implied volatility is at 181, March is at 77; compared to its 52-week range of 33 to 69 into the expected release of quarter results today after the bell.

Paramount Global (PARA) March weekly call option implied volatility is at 230, March is at 110; compared to its 52-week range of 40 to 76 into the expected release of quarter results today after the bell.

C3.ai (AI) March weekly call option implied volatility is at 255, March is at 119; compared to its 52-week range of 59 to 223 into the expected release of quarter results today after the bell.

Best Buy (BBY) March weekly call option implied volatility is at 105, March is at 47; compared to its 52-week range of 20 to 44 into the expected release of quarter results before the bell on February 29.

Autodesk (ADSK) March weekly call option implied volatility is at 110, March is at 47; compared to its 52-week range of 22 to 43 into the expected release of quarter results after the bell on February 29.

Dell Technologies (DELL) March weekly call option implied volatility is at 140, March is at 62; compared to its 52-week range of 23 to 50 the expected release of quarter results after the bell on February 29.

Papa John’s Pizza (PZZA) March call option implied volatility is at 50, April is at 40; compared to its 52-week range of 27 to 87 into the expected release of quarter results before the bell on February 29. Call put ratio 1 call to 3.9 puts.

Hewlett Packard (HPE) March call option implied volatility is at 53, April is at 38; compared to its 52-week range of 20 to 79 into the expected release of quarter results after the bell on February 29. Call put ratio 5.6 calls to 1 put.

NetEase (NTES) March weekly call option implied volatility is at 112, March is at 56; compared to its 52-week range of 30 to 78 into the expected release of quarter results before the bell on February 29.

iShares Nasdaq Biotechnology (IBB) 30-day option implied volatility is at 17; compared to its 52-week range of 13 to 27. Call put ratio 15.7 call to 1 put with a focus on March weekly (1) 141 calls.

Options with decreasing option implied volatility: AAP IOVA AAOI ARDX CVNA FVRR DOCN MANU IRBT SQ U BROS
Increasing unusual option volume: BMBL DV SOUN APLT BBAI VIPS ICLN SPLK
Increasing unusual call option volume: BBAI SOUN SPLK EBAY MDRX ACMR FIS KBE
Increasing unusual put option volume: SOUN BMBL ICLN XP VKTX FIS GFI URBN
Active options: TSLA NVDA AAPL BYND MARA META AMD BMBL PLTR SOUN GOOGL COIN PBR SOFI AMC PANW AMZN BABA GOOG BIDU