04/26/2024
Data as of 04/25/2024

1 Day Increase in ATM IV (Point change)
 TickerIssuerCloseDifference
JBLUJETBLUE AWYS CORP5.7234.31
KVYOKLAVIYO INC23.0213.06
ACCDACCOLADE INC9.1912.42
OUSTOUSTER INC7.4811.44
ARLOARLO TECHNOLOGIES IN11.218.31


1 Week Increase in ATM IV (Point change)
 TickerIssuerCloseDifference
OUSTOUSTER INC7.4819.8
DLODLOCAL LTD14.2818.2
JBLUJETBLUE AWYS CORP5.7215.52
ELFE L F BEAUTY INC176.0315.27
HUBSHUBSPOT INC636.1014.89


1 Month Increase in ATM IV (Point change)
 TickerIssuerCloseDifference
ALCCALTC ACQUISITION COR13.0059.27
AMCAMC ENTMT HLDGS INC3.2840.88
LYFTLYFT INC16.0740.46
BANDBANDWIDTH INC17.7838.12
UPSTUPSTART HLDGS INC22.8336.89


Options with largest 1-day gain in Implied Volatility
 TickerIssuerExpirationStrikeP/CDifference
RILYB. RILEY FINANCIAL I05/17/202415.00P40.32
RILYB. RILEY FINANCIAL I05/17/202417.50P39.75
RILYB. RILEY FINANCIAL I05/17/202420.00P38.01
RILYB. RILEY FINANCIAL I05/17/202425.00C33.27
RILYB. RILEY FINANCIAL I05/17/202422.50P30.78


Here are the Top 5 results from a few of our volatility scans. These scans search for situations where implied volatility rises sharply. Research has shown that a rise in implied volatility often leads to a significant move in the underlying stock and an even larger move in the stock's options. For full versions of these and many more scans, check out ODDS OptionApps.

Academic Algorithms: ( Volatility HV-IV Difference )
 TickerIssuerCloseDifference
SNAPSNAP INC11.40-70.83
TGTXTG THERAPEUTICS INC13.91-70.15
LQDALIQUIDIA CORPORATION12.37-62.38
AAOIAPPLIED OPTOELECTRON10.66-61.11
TDSTELEPHONE & DATA SYS15.54-59.75


Academic Algorithms: ( Term LT-ST Difference )
 TickerIssuerCloseDifference
UPSTUPSTART HLDGS INC22.83-42.78
TGTXTG THERAPEUTICS INC13.91-36.48
BILLBILL HOLDINGS INC60.50-29.21
RIVNRIVIAN AUTOMOTIVE IN8.52-27.3
AFRMAFFIRM HLDGS INC31.65-26.68


Academic Algorithms: ( 95-100 Skew Difference )
 TickerIssuerCloseDifference
ALCCALTC ACQUISITION COR13.00-8.9
CRMDCORMEDIX INC5.19-4.47
IMPPIMPERIAL PETE INC3.46-1.97
GPSGAP INC20.22-1.8
BYNDBEYOND MEAT INC6.34-1.7


iHere are the Top 5 results from our Academic Algorithm scans. These scans search for situations that meet the criteria as described in published academic research papers. This independent university research, verified using the rigor of extensive statistical analysis and global peer-review, provides signals proven to work. For more information on what these scans search for, and how you can use them to discover opportunities,click here for suggested reading. For full versions of these and many more scans, check out ODDS OptionApps.

Negative Implied Borrow Rate
 TickerIssuerCloseBorrow Rate
DJTTRUMP MEDIA & TECHNO38.49-296.29
CGCCANOPY GROWTH CORP8.70-188.8
TUPTUPPERWARE BRANDS CO1.04-135.96
NVDSINVESTMENT MANAGERS 69.77-100.84
RILYB. RILEY FINANCIAL I34.69-70.77


EXCLUSIVE: This exclusive scan shows stocks with the most negative implied borrow rate. A deeply negative borrow rate tells you that the put-call parity no longer exists because of an unusual situation. Most often, it is because the underlying stock is highly shorted. When stocks are highly shorted, finding stock to borrow in order to sell short becomes difficult, thus causing the implied borrow rate to go into deep negative territory. The advantage to this report is that short interest statistics are only available at certain intervals on a much-delayed basis. This report is updated daily and is current as of the close. For more information on the implied borrow rate, and how you can it to discover real-world trading opportunities, just click the button at the bottom of the app and we'll send you our free 7-part research series. The reports and the app are free.

Top 5 Highest Open Interest Options
 TickerIssuerExpirationStrikeP/COpen Int
SPYSPDR S&P 500 ETF TR05/17/2024420.00P331,241
SPYSPDR S&P 500 ETF TR04/26/2024425.00P304,413
FXIISHARES TR05/17/202422.00P278,379
NKLANIKOLA CORP01/17/20252.00C272,388
EEMISHARES TR01/17/202543.00C249,517


Top 5 Highest Volume Options
 TickerIssuerExpirationStrikeP/CVolume
SPYSPDR S&P 500 ETF TR04/25/2024502.00C285,155
SPYSPDR S&P 500 ETF TR04/25/2024503.00C262,255
SPYSPDR S&P 500 ETF TR04/25/2024498.00P260,564
SPYSPDR S&P 500 ETF TR04/25/2024501.00C254,170
SPYSPDR S&P 500 ETF TR04/25/2024500.00C247,868


Options with largest 1-day gain in open interest.
 TickerIssuerExpirationStrikeP/COpen Int
TSLATESLA INC08/16/2024185.00C42,426
SPYSPDR S&P 500 ETF TR06/21/2024480.00P36,274
SPYSPDR S&P 500 ETF TR06/21/2024482.00P34,796
CPRICAPRI HOLDINGS LIMIT05/17/202435.00C29,923
TLTISHARES TR06/28/202480.00P25,170


Options with largest 1-day drop in open interest.
 TickerIssuerExpirationStrikeP/COpen Int
TSLATESLA INC05/17/2024200.00C-34,999
TSMTAIWAN SEMICONDUCTOR06/21/2024140.00C-25,156
IWMISHARES TR05/17/2024180.00P-17,890
TSLATESLA INC05/17/2024120.00P-12,709
IWMISHARES TR05/17/2024189.00P-12,708


These scans display the Top 5 open interest and volume statistics for the entire universe of individual options. For full versions of these and many more scans, check out ODDS OptionApps.

Bandwidth Hogs
 TickerIssuerPork FactorZero Volume
NDXNASDAQ 100 INDEX15,698
SPXCBOE S&P 500 INDEX14,709
XSPCBOE MINI SPX INDEX 9,963
RUTRUSSELL 2000 INDEX7,639
MSTRMICROSTRATEGY INC6,013

Have you ever wondered how many options had no volume? Here's your answer. This scan displays the number of options with zero contracts traded for each asset on this Top 5 list. Despite having no volume, each option generates an enormous amount of data that needs to be displayed: changes in bid price, changes in ask price, changes in bid size, changes in ask size. Those changes happen with nearly every tick the stock makes. And it happens on every exchange that makes a market. On a normal day, one zero-volume option can produce as much as two hundred pages of data. The names on this list have thousands of zero-volume options, each producing hundreds of pages of information. All for nothing. They’re bandwidth hogs. The more zero-factor options there a stock has, the higher the "pork factor". To get the complete report, check out ODDS OptionApps.

The free OptionApps Daily "Top 5" report provides you with information that can be used to find potential trading situations that have a proven history of generating profits1. Many more tools are available on ODDS Online that are not available on the Daily "Top 5" Report.





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