Mid-session IV Report March 19, 2024

Mid-session IV Report March 19, 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 HE NFLX SPIR JWN

Popular stocks with increasing volume: SMCI COIN GM HOOD BAC SOFI ARM MU XPEV

Option implied volatility amid NVIDIA hosting its GTC 2024 conference

NVIDIA (NVDA) March weekly call option implied volatility is at 69, March is at 51; compared to its 52-week range of 32 to 68 amid NVIDIA hosting GTC 2024 conference. Call put ratio 1.7 calls to 1 put.

Broadcom (AVGO) March weekly call option implied volatility is at 50, April is at 34; 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 1.6 calls to 1 put.

Option IV into quarter results

PDD Holdings (PDD) March weekly call option implied volatility is at 186, April is at 73; 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 call to 1 put.

General Mills (GIS) March weekly call option implied volatility is at 55, Apr is at 25; compared to its 52-week range of 13 to 64 into the expected release of quarter results before the bell on March 20.

JinkSolar (JKS) April call option implied volatility is at 75, May is at 70; compared to its 52-week range of 46 to 118 into the expected release of quarter results before the bell on March 20.

Ollie’s Bargain Outlet (OLLI) April call option implied volatility is at 45, May is at 41; compared to its 52-week range of 29 to 82 into the expected release of quarter results before the bell on March 20.

Signet Jewelers (SIG) March weekly call option implied volatility is at 155, April is at 62; compared to its 52-week range of 34 to 64 into the expected release of quarter results before the bell on March 20. Call put ratio 1 call to 3 puts.

Micron (MU) March weekly call option implied volatility is at 121, April is at 51; compared to its 52-week range of 27 to 59 into the expected release of quarter results after the bell on March 20. Call put ratio 2.2 calls to 1 put.

Chewy (CHWY) March weekly call option implied volatility is at 196, April is at 86; compared to its 52-week range of 38 to 101 into the expected release of quarter results after the bell on March 20. Call put ratio 2.4 calls to 1 put.

Five Below (FIVE) April call option implied volatility is at 43, May is at 38; compared to its 52-week range of 26 to 81 into the expected release of quarter results after the bell on March 20.

Nike (NKE) April call option implied volatility is at 98, May is at 38; compared to its 52-week range of 19 to 47 into the expected release of quarter results after the bell on March 21.

Nordstrom (JWN) March weekly call option implied volatility is at 90, April is at 44; compared to its 52-week range of 37 to 78 after report founders renewing effort to take company private. Call put ratio 4 calls to 1 put with a focus on April 25 calls.

Snowflake (SNOW) March weekly call option implied volatility is at 48, April is at 39; compared to its 52-week range of 33 to 67 as share price trends lower.

Options with decreasing option implied volatility: ZIM S PATH PCT JBL DKS DLTR DG ULTA GRPN
Increasing unusual option volume: SMR HUYA IMMR CAKE FXE DLO SOUN NVEI QDEL FXY PLNT
Increasing unusual call option volume: SMR CAKE QDEL DLO SOUN NOG IMMR AGL STNE NVDL
Increasing unusual put option volume: PLNT SOUN AMLX FXE BJ STNE GOEV GERN OPRA COR
Active options: NVDA TSLA AMD AAPL PLTR META GOOGL SMCI MARA COIN GM GOOG HOOD AMZN MSFT BAC SOFI ARM MU XPEV