Mid-Session IV Report September 5, 2017

Mid Session Iv Report

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By monitoring this market data, traders can create strategies that capitalize on this often overlooked information.

Options with increasing implied volatility: AXON EROS PTCT YNDX FINL HDS SIRI XL LLY MNK DLTH PLAY

Options with increasing volume: NTNX AAL HIMX X HD GE GIS MNK MSG

Duluth Holdings (DLTH) September call option implied volatility is at 91, October is at 55; compared to its 52-week range of 36 to 101 into the expected release of Q2 results today. Call put ratio 1 call to 4.8 puts into Q2.

Hewlett Packard Enterprises (HPE) September weekly call option implied volatility is at 76, September is at 45, October is 43; compared to its 52-week range of 19 to 39 into the expected release of Q3 results today. Call put ratio 1.76 calls to 1 put on active September 60 calls.

Dave & Busters (PLAY) September call option implied volatility is at 62, October is at 39’; compares to its 52-week range of 25 to 57 into the expected release of Q2 results today. Dave & Busters (PLAY) call put ratio 5 calls to 1.

Mallinckrodt (MNK) call put ratio 1 call to 3.5 puts as shares sell off 12% after court sides with Praxair

Mallinckrodt (MNK) September weekly 38 and September 37 puts are active on total put volume of 3,604 contracts (1,001 calls) after court sides with Praxair (PX).

Madison Square Garden (MSG) volatility low as shares rally 7% on report Landry’s owner to buy Houston Rockets for $2.2B

Madison Square Garden (MSG) September and October call option implied volatility is at 19; compared to its 52-week range of 16 to 42 after the owner of the Houston Rockets, Leslie Alexander, has agreed to sell the team to billionaire restauranteur Tilman Fertitta, the owner of Landry’s, for $2.2B, according to ESPN.