Mid-session IV Report March 5, 2024

Mid-session IV Report March 5, 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: MSTR BITX CCCC SMCI BITI BITO MANU CLS COST GLD

Popular stocks with increasing volume: TGT NIO SOFI INTC PLTR SMCI WMT COIN BABA

Tesla (TSLA) 30-day option implied volatility is at 49; compared to its 52-week range of 40 to 67 as share price down 5.4%.

Option IV into quarter results

JD.com (JD) March weekly call option implied volatility is at 135, March is at 89; compared to its 52-week range of 34 to 64 the expected release of quarter results before the bell on March 6.

Abercrombie & Fitch (ANF) March weekly call option implied volatility is at 231, March is at 141; compared to its 52-week range of 33 to 89 into the expected release of quarter results before the bell on March 6.
Campbell Soup (CPB) March weekly call option implied volatility is at 67, March is at 45; compared to its 52-week range of 14 to 28 into the expected release of quarter results before the bell on March 6.

Foot Locker (FL) March weekly call option implied volatility is at 235, March is at 140; compared to its 52-week range of 35 to 86 into the expected release of quarter results before the bell on March 6.

United Natural Foods (UNFI) March call option implied volatility is at 139, April is at 68; compared to its 52-week range of 32 to 99 into the expected release of quarter results before the bell on March 6.

Broadcom (AVGO) March weekly call option implied volatility is at 101, March is at 68; compared to its 52-week range of 23 to 57 into the expected release of quarter results after the bell on March 7.

Gold stocks option implied volatility as gold trades $2139

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 2.5 calls to 1 put as share price up 1.4%.

Barrick Gold (GOLD) 30-day option implied volatility is at 34; compared to its 52-week range of 24 to 39.

Kinross Gold (KGC) 30-day option implied volatility is at 37; compared to its 52-week range of 29 to 50. Call put ratio 66 calls to 1 put with focus on March weekly (28) 6 calls.

Newmont (NEM) 30-day option implied volatility is at 39; compared to its 52-week range of 24 to 41. Call put ratio 2.9 calls to 1 put.

Agnico Eagle Mines (AEM) 30-day option implied volatility is at 34; compared to its 52-week range of 26 to 88. Call put ratio 2.9 calls to 1 put on 9K contracts as share price up 1.9%.

Royal Gold (RGLD) 30-day option implied volatility is at 30; compared to its 52-week range of 23 to 76. Call put ratio 20 calls to 1 put with a focus on April 110 calls.

Harmony Gold Mining Company Limited (HMY) 30-day option implied volatility is at 48; compared to its 52-week range of 32 to 83. Call put ratio 11.7 calls to 1 put with a focus on May 7 calls.

Iam Gold (IAG) 30-day option implied volatility is at 61; compared to its 52-week range of 43 to 104 as gold trades $2139.

SPDR Gold Trust (GLD) 30-day option implied volatility is at 13; compared to its 52-week range of 10 to 21. Call put ratio 2.3 calls to 1 put with a focus on May 225 calls.

Direxion Daily Gold Miners Bull 3x Shares (NUGT) 30-day option implied volatility is at 66; compared to its 52-week range of 49 to 80.

Options with decreasing option implied volatility: LMND SOUN IRWD RXRX ARRY ESTC BMBL AAP SE DUOL TGTX OKTA AI RDFN NTNX PSTG NVAX MQ CPNG
Increasing unusual option volume: BBAI BMBL AVAV GTLB ELAN SFIX TGT MUX SOUN OCUL KLG
Increasing unusual call option volume: AVAV BBAI TGT ELAN MUX GTLB OCUL SFIX HPE SOUN
Increasing unusual put option volume: SOUN BMBL SFIX GTLB AVAV HIMS IRM MSOX AMLX NDAQ
Active options: AAPL TSLA NVDA AMD TGT NIO SOFI INTC AMZN PLTR MSFT GOOGL SMCI MARA GTLB META GOOG WMT COIN BABA