Mid-session IV Report March 18, 2024

Mid-session IV Report March 18, 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: X NFLX SOUN ZIM JNJ ET PG

Popular stocks with increasing volume: BA SOFI PLTR TLRY SOUN RIVN MU PYPL BABA TSM

Alphabet (GOOG) 30-day option implied volatility is at 26; compared to its 52-week range of 19 to 39 after Bloomberg reported that Apple (AAPL) and Alphabet are in deep discussions for Alphabet’s Gemini to power Generative AI features coming to the iPhone with iOS 18. Call put ratio 2.3 calls to 1 put as share price up 6.6%.

Option implied volatility into NVIDIA hosting its flagship GTC 2024 conference

NVIDIA (NVDA) March weekly call option implied volatility is at 96, March is at 60; 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. Call put ratio 2.1 calls to 1 put.

Broadcom (AVGO) March weekly call option implied volatility is at 53, April is at 35; compared to its 52-week range of 23 to 59 into hosting an investor meeting on enabling AI in Infrastructure on March 20. Call put ratio 2 calls to 1 put

Arm Holdings (ARM) 30-day option implied volatility is at 70; compared to its 52-week range of 34 to 170. Call put ratio 3 calls to 1 put as share price up 3.6%.

Super Micro Computer (SMCI) 30-day option implied volatility is at 97; compared to its 52-week range of 34 to 117.
AMD (AMD) 30-day option implied volatility is at 49; compared to its 52-week range of 34 to 58.

Qualcomm (QCOM) 30-day option implied volatility is at 29; compared to its 52-week range of 22 to 43. Call put ratio 3.5 calls to 1 put with a focus on March weekly (22) 180 calls.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 37; compared to its 52-week range of 22 to 36.

Option IV into quarter results

XPeng (XPEV) March weekly call option implied volatility is at 152, April is at 85; 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 147, April is at 68; 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 1.6 calls to 1 put.

DocuSign Inc. (DOCU) 30-day option implied volatility is at 36; compared to its 52-week range of 30 to 77. Call put ratio 9.1 calls to 1 put with a focus on May 60 calls as share price up 2.5%.

Options with decreasing option implied volatility: ASAN GRPN PCT S PATH ACAD ZIM ONON MOR KSS ARM JBL ORCL DKS DG DLTR ULTA CSIQ
Increasing unusual option volume: HUYA SMR NVEI H SOUN NFE CDLX EH IPG BBAI CSGP AKBA TIGR
Increasing unusual call option volume: SOUN SMR CDLX EH BBAI NVDL LSXMK GDRX PSFE ERJ
Increasing unusual put option volume: UAA SOUN EH GERN TAL EN TELL STNE GOOS BIIB VRT VKTX GRPN MSOX PAGS ACHR
Active options: TSLA AAPL GOOGL NVDA GOOG AMD BA MSFT HOOD AMZN META SOFI PLTR TLRY SOUN RIVN MU PYPL BABA TSM