Mid-session IV Report March 4, 2024

Mid-session IV Report March 4, 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 MSTR GME JMIA BITI EXAS CPRI SMCI MSTR BITX AMSC SAVE BITO COIN NIO HIMS INDI HRB LI VET TSM VST TSLA FAST NTRS

Popular stocks with increasing volume: AIG PLTR SMCI PFE NIO TSM RIVN COIN MO ARM AAL M

Chip movers

NVIDIA (NVDA) March weekly call option implied volatility is at 46, March is at 43; 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 1.4 calls to 1 put as share price up 3.4%.

Arm Holdings (ARM) March weekly call option implied volatility is at 117, March is at 114; compared to its 52-week range of 35 to 171 as share price down 1.7%.

Super Micro Computer (SMCI) March weekly call option implied volatility is at 155, March is at 137; compared to its 52-week range of 54 to 116 as share price up 24%.

Option IV into quarter results

Stich Fix (SFIX) March weekly call option implied volatility is at 200, March is at 133; compared to its 52-week range of 52 to 122 into the expected release of quarter results today after the bell.

CrowdStrike (CRWD) March weekly call option implied volatility is at 145, March is at 94; compared to its 52-week range of 29 to 68 into the expected release of quarter results after the bell on March 5.

Target (TGT) March weekly call option implied volatility is at 90, March is at 58; compared to its 52-week range of 20 to 48 into the expected release of quarter results before the bell on March 5.

Ross Stores (ROST) March weekly call option implied volatility is at 69, March is at 46; compared to its 52-week range of 15 to 39 into the expected release of quarter results after the bell on March 5. Call put ratio 3 calls to 1 put.

NIO (NIO) March weekly call option implied volatility is at 197, March is at 133; compared to its 52-week range of 56 to 92 into the expected release of quarter results before the bell on March 5.

Box (BOX) March call option implied volatility is at 80, April is at 45; compared to its 52-week range of 20 to 83 into the expected release of quarter results after the bell on March 5. Call put ratio 7.8 calls to 1 put.

Nordstrom (JWN) March weekly call option implied volatility is at 143, March is at 102; compared to its 52-week range of 37 to 78 into the expected release of quarter results after the bell on March 5.

ChargePoint (CHPT) March weekly call option implied volatility is at 240, March is at 170; compared to its 52-week range of 57 to 148 into the expected release of quarter results after the bell on March 5.

Option IV as Bitcoin trades above $66K

Coinbase (COIN) 30-day option implied volatility is at 97; compared to its 52-week range of 59 to 126. Call put ratio 1.9 calls to 1 put as share price up 8.8%.

Marathon Digital Holdings (MARA) 30-day option implied volatility is at 145; compared to its 52-week range of 89 to 196. Call put ratio 3.7 calls to 1 put as share price down 13%.

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 154; compared to its 52-week range of 55 to 123 as share price up 20%.

Riot Platforms (RIOT) 30-day option implied volatility is at 122; compared to its 52-week range of 84 to 144. Call put ratio 5.2 calls to 1 put as share price up 3%.

Bit Digital (BTBT) 30-day option implied volatility is at 137; compared to its 52-week range of 89 to 174. Call put ratio 20 calls to 1 put as share price down 4.8%.

ProShares Bitcoin Strategy ET (BITO) 30-day option implied volatility is at 84; compared to its 52-week range of 32 to 76 as share price up 5.6%. Call put ratio 3.4 calls to 1 put on 78K contracts.

Bitfarms (BITF) 30-day option implied volatility is at 146; compared to its 52-week range of 94 to 183. Call put ratio 6.7 calls to 1 put as share price down 5.9%.

Robinhood (HOOD) 30-day option implied volatility is at 67; compared to its 52-week range of 34 to 77. Call put ratio 4.6 calls to 1 put as share price up 1.7%.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 34; compared to its 52-week range of 25 to 40 as gold near upper end of range. Call put ratio 4.2 calls to 1 put with a focus on May 33 calls as share price up 2.6%.

Digital World Acquisition Corp (DWAC) 30-day option implied volatility is at 151; compared to its 52-week range of 43 to 231. Call put ratio 3.7 calls to 1 put as share price up 13%.

Options with decreasing option implied volatility: VKTX SOUN IRWD HIMS IRBT LMND AAP BMBL ARRY ESTC DUOL OKTA RXRX U EDR RDFN SE
Increasing unusual option volume: REAL AIG COMM KLG K SOUN BOX HRB NYCB NTRS XEL ROOT BBAI DELL AEO
Increasing unusual call option volume: REAL BBAI HRB K AIG BOX SOUN HPE DELL NYCB JMIA WING VSCO
Increasing unusual put option volume: SOUN PTEN CTVA NYCB AIG GFI K FAZ MO JMIA VSCO WBD DELL WISH
Active options: TSLA NVDA AAPL AMD PLTR MARA SMCI AMZN GOOGL PFE NIO META TSM RIVN GOOG COIN MO SE ARM FSR