Mid-session IV Report March 20, 2024

Mid-session IV Report March 20, 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: HE DWAC NFLX CMG

Popular stocks with increasing volume: BA RIVN NIO BAC MU PLTR

Option IV into Federal Reserve Chair Jerome Powell’s post-decision press conference.

Proshares Trust Ultrashort Lehman 20+ Year Treasury (TBT) 30-day option implied volatility is at 26; compared to its 52-week range of 24 to 49 into Federal Reserve Chair Jerome Powell’s post-decision press conference.

iShares 20+ Year Treasury Bond ETF (TLT) 30-day option implied volatility is at 14; compared to its 52-week range of 13 to 25 into Federal Reserve Chair Jerome Powell’s post-decision press conference.

SPDR Bloomberg Barclays High Yield Bond ETF (JNK) 30-day option implied volatility is at 5; compared to its 52-week range of 5 to 13 into Federal Reserve Chair Jerome Powell’s post-decision press conference.

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) 30-day option implied volatility is at 5; compared to its 52-week range of 5 to 13.

Ishares Iboxx $ Investment Grade Corporate Bond Etf (LQD) 30-day option implied volatility is at 8; compared to its 52-week range of 7 to 15.

Option IV Federal Reserve Chair Jerome Powell’s post-decision press conference and quarter results

Micron (MU) March weekly call option implied volatility is at 158, April is at 55; compared to its 52-week range of 27 to 59 into the expected release of quarter results today after the bell. Call put ratio 2.1 calls to 1 put.

Chewy (CHWY) March weekly call option implied volatility is at 226, April is at 86; compared to its 52-week range of 38 to 101 into the expected release of quarter results today after the bell. Call put ratio 2.2 calls to 1 put.

Five Below (FIVE) April call option implied volatility is at 42, May is at 38; compared to its 52-week range of 26 to 81 into the expected release of quarter results today after the bell.

Nike (NKE) March weekly call option implied volatility is at 114, April 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.

FedEx (FDX) March weekly call option implied volatility is at 97, April is at 34; compared to its 52-week range of into the expected release of quarter results after the bell on March 21. Call put ratio 1 call to 2 puts.

Lululemon (LULU) March weekly call option implied volatility is at 147, April is at 51; compared to its 52-week range of 22 to 51 into the expected release of quarter results after the bell on March 21.

Darden (DRI) April call option implied volatility is at 27, May is at 24; compared to its 52-week range of 16 to 63 into the expected release of quarter results before the bell on March 21.

Academy Sports (ASO) March weekly call option implied volatility is at 150, April is at 53; compared to its 52-week range of 31 to 62 into the expected release of quarter results before the bell on March 21.

Accenture (ACN) March weekly call option implied volatility is at 74, April is at 26; compared to its 52-week range of 16 to 34 into the expected release of quarter results before the bell on March 21. Call put ratio 1 call to 2.5 puts.

Designer Brands (DBI) April call option implied volatility is at 83, May is at 68; compared to its 52-week range of 33 to 97 into the expected release of quarter results before the bell on March 21. Call put ratio 1 call to 9.3 puts.

Equinix (EQIX) 30-day option implied volatility is at 31; compared to its 52-week range of 18 to 99. Call put ratio 1 call to 1.5 puts after Hindenburg publishes short report.

Options with decreasing option implied volatility: S BYND GRPN PATH PDD DG DKS OSCR ULTA STNE CSIQ FUTU ADBE XP FOUR JBL BLY BEKE VOD
Increasing unusual option volume: NKTX ALIT LU SMR EQIX INFN ZTO SIG BTG GIS
Increasing unusual call option volume: NKTX ALIT SMR INFN GIS SIG BTG TIGR
Increasing unusual put option volume: EH SOUN MSOX AVAV CLMT IP SIG PSEC
Active options: TSLA NVDA PDD AMD AAPL INTC META GOOGL SNOW MARA BA RIVN NIO AMZN BAC GOOG MU PLTR MSFT RIOT