Mid-session IV Report March 15, 2024

Mid-session IV Report March 15, 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 SOUN AEHR UPWK AUPH ARRY CRK TME BE SILJ HTZ HA GFI NXE DBRG YANG ABT

Popular stocks with increasing volume: PLTR ADBE COIN MU SOFI

Option IV for companies that could benefit from increased storage demand driven by increased AI workloads

NetApp (NTAP) 30-day option implied volatility is at 21; compared to its 52-week range of 16 to 73 into NVIDIA (NVDA) GTC 2024 conference at the San Jose Convention Center from March 18-21.

Pure Storage, Inc. (PSTG) 30-day option implied volatility is at 37; compared to its 52-week range of 27 to 90 into NVIDIA (NVDA) GTC 2024 conference at the San Jose Convention Center from March 18-21.

Western Digital (WDC) 30-day option implied volatility is at 37; compared to its 52-week range of 27 to 53 into NVIDIA (NVDA) GTC 2024 conference at the San Jose Convention Center from March 18-21. Call put ratio 8.9 calls to put with a focus on March weekly calls.

Seagate Technology (STX) 30-day option implied volatility is at 34; compared to its 52-week range of 25 to 45 into NVIDIA (NVDA) GTC 2024 conference at the San Jose Convention Center from March 18-21.

Micron Technology (MU) 30-day option implied volatility is at 55; compared to its 52-week range of 27 to 57 into NVIDIA (NVDA) GTC 2024 conference at the San Jose Convention Center from March 18-21. Call put ratio 3.6 calls to 1 put.

Option IV into quarter results

XPeng (XPEV) March weekly call option implied volatility is at 111, April is at 83; compared to its 52-week range of 62 to 98 into the expected release of quarter results before the bell on March 19.

PDD Holdings (PDD) March weekly call option implied volatility is at 130, April is at 72; compared to its 52-week range of 30 to 77 into the expected release of quarter results before the bell on March 20. Call put ratio 2.8 calls to 1 put.

Options with decreasing option implied volatility: ASAN CCCC PCT PATH ACAD S ZIM ONON MANU KSS DG ORCL DKS DLTR JBL ARM
Increasing unusual option volume: CDLX GERN SOUN ARQT AMBC PBF VLD
Increasing unusual call option volume: CDLX GERN PBF SOUN AMBC DLO DKS
Increasing unusual put option volume: JBL SOUN GERN EH DRI MDGL EXAS
Active options: TSLA NVDA AMD MSFT AMZN PLTR ADBE MARA COIN HOOD GERN RIVN NFLX GOOGL SOUN META MU BLNK SOFI