Mid-session IV Report February 29, 2024

Mid-session IV Report February 29, 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: BITX SOUN MSFTR BITI BITO EXAS FOUR CC XEL PSQ FXY VKTX

Popular stocks with increasing volume: SNOW AMC PLTR CRM COIN SMCI BAC OKTA PARA

NVDA option IV into March event

NVIDIA (NVDA) March weekly call option implied volatility is at 44, March is at 39; 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) March weekly call option implied volatility is at 103, March is at 117; compared to its 52-week range of 35 to 171 as share price up 5%.

Super Micro Computer (SMCI) March weekly call option implied volatility is at 126, March is at 97; compared to its 52-week range of 54 to 116 as share price up 8%.

Weight Loss companies option IV

Eli Lilly & Co. (LLY) 30-day option implied volatility is at 28; compared to its 52-week range of 19 to 39 as share price near record high.

Novo Nordisk (NVO) 30-day option implied volatility is at 28; compared to its 52-week range of 20 to 67 as share price near record high.

Option IV into quarter results

Dell Technologies (DELL) March weekly call option implied volatility is at 183, March is at 79; compared to its 52-week range of 23 to 50 the expected release of quarter results today after the bell.

Option IV as Bitcoin trades above $63K

Coinbase (COIN) 30-day option implied volatility is at 95; compared to its 52-week range of 59 to 126. Call put ratio 1.7 calls to 1 put.

Marathon Digital Holdings (MARA) 30-day option implied volatility is at 143; compared to its 52-week range of 89 to 196. Call put ratio 2.3 calls to 1 put as share price down 13%.

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 123; compared to its 52-week range of 55 to 121 as share price up 5%.

Riot Platforms (RIOT) 30-day option implied volatility is at 129; compared to its 52-week range of 84 to 144 as share price down 8.7%. Call put ratio 2.6 calls to 1 put.

Bit Digital (BTBT) 30-day option implied volatility is at 127; compared to its 52-week range of 89 to 174. Call put ratio 2.7 calls to 1 put as share price down 4.3%.

ProShares Bitcoin Strategy ET (BITO) 30-day option implied volatility is at 77; compared to its 52-week range of 32 to 76 as share price up 4.6%. Call put ratio 2.8 calls to 1 put on 46K contracts.

Bitfarms (BITF) 30-day option implied volatility is at 139; compared to its 52-week range of 94 to 183. Call put ratio 6.8 calls to 1 put as share price down 6.6%.

TeraWulf (WULF) 30-day option implied volatility is at 165; compared to its 52-week range of 20 to 240. Call put ratio 14 calls to 1 put with focus on May 5 calls.

CleanSpark (CLSK) 30-day option implied volatility is at 161; compared to its 52-week range of 88 to 168 as share price down 9%. Call put ratio 1.7 calls to 1 put on volume of 98K contracts.

Core Scientific (CORZ) 30-day option implied volatility is at 157; compared to its 52-week range of 80 to 162 as share price up 2%%. Call put ratio 16 calls to 1 put.

Options with decreasing option implied volatility: CVNA AAP IRBT LMND SQ HIMS ARRY SMCI LYV U PSTG BMBL NTNX
Increasing unusual option volume: DV FIGS CC SOUN XEL BBAI IRWD HRL
Increasing unusual call option volume: SOUN KVYO BBAI HRL PBI CRH ATUS CC PSNY
Increasing unusual put option volume: MQ SOUN IRWD VST HRL PSTG PLCE
Active options: TSLA NVDA AMD MARA AI AAPL SNOW AMC PLTR CRM GOOGL META COIN SMCI AMZN BAC GOOG OKTA PARA SOUN