Mid-session IV Report March 7, 2024

Mid-session IV Report March 7, 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: SMCI GME OSCR AVGO TSM COST TSLY HSBC MOR GLD NMM

Popular stocks with increasing volume: PLTR INTC ARM KR SNAP SOFI BAC COIN MU CRWD

Weight Loss companies option IV

Novo Nordisk (NVO) 30-day option implied volatility is at 32; compared to its 52-week range of 20 to 67 after Novo Nordisk’s next-generation obesity pill amycretin demonstrated significant weight loss in patients after 12 weeks. Call put ratio 2.9 calls to 1 put as share price up 8.3%.

Eli Lilly & Co. (LLY) 30-day option implied volatility is at 31; compared to its 52-week range of 19 to 39 as share price near record high. Call put ratio 2.3 calls to 1 put.

Viking Therapeutics (VKTX) 30-day option implied volatility is at 148; compared to its 52-week range of 44 to 234 as share price down 14%.

Option IV into quarter results

Broadcom (AVGO) March weekly call option implied volatility is at 192, March is at 87; compared to its 52-week range of 23 to 57 into the expected release of quarter results today after the bell. Call put ratio 4.4 calls to 1 put with focus on March weekly options.

Costco (COST) March weekly call option implied volatility is at 133, March is at 56; compared to its 52-week range of 14 to 31 into the expected release of quarter results today after the bell.

Petro Bras (PBR) March weekly call option implied volatility is at 91, March is at 47; compared to its 52-week range of 24 to 49 into the expected release of quarter results today after the bell.

Marvell Technology (MRVL) March weekly call option implied volatility is at 277, March is at 116; compared to its 52-week range of 32 to 65 into the expected release of quarter results today after the bell. Call put ratio 3 calls to 1 put with a focus on March weekly calls.

MongoDB (MDB) March weekly call option implied volatility is at 303, March is at 136; compared to its 52-week range of 37 to 87 into the expected release of quarter results today after the bell.

DocuSign (DOCU) March weekly call option implied volatility is at 242, March is at 106; compared to its 52-week range of 30 to 77 into the expected release of quarter results today after the bell. Call put ratio 2.2 calls to 1 put.

Gap (GPS) March weekly call option implied volatility is at 313, March is at 130; compared to its 52-week range of 36 to 90 into the expected release of quarter results today after the bell. Call put ratio 4 calls to 1 put with a focus on April calls.

Buckle (BKE) March call option implied volatility is at 60, April is at 40; compared to its 52-week range of 23 to 90 into the expected release of quarter results before the bell on March 8.

Oracle (ORCL) March weekly call option implied volatility is at 33, March is at 70; compared to its 52-week range of 18 to 47 into the expected release of quarter results after the bell on March 11.

Options with decreasing option implied volatility: BMEA SOUN ESTC BYND SE FL HCP GTLB ANF ZS BURL SATS CRWD
Increasing unusual option volume: XEL NYCB BBAI VSCO OTLY HUYA MNMD INFN NMM CIEN CC SOUN BJ KR
Increasing unusual call option volume: BBAI NYCB CC MNMD INFN VSCO NMM KR BJ SOIUN CIEN
Increasing unusual put option volume: OTLY NYCB VSCO CIEN SOUN VKTX QSR RMD GRFS BJ BURL BIG HPE
Active options: TSLA NVDA PLTR AAPL NYCB INTC META GOOGL ARM MSFT RIVN KR SNAP MARA SOFI BAC COIN AMZN MU CRWD