04/20/2024
Data as of 04/19/2024

1 Day Increase in ATM IV (Point change)
 TickerIssuerCloseDifference
SMCISUPER MICRO COMPUTER713.6514.57
MUXMCEWEN MNG INC11.2211.68
FSLYFASTLY INC12.3010.7
AMCAMC ENTMT HLDGS INC3.1610.33
CLSCELESTICA INC40.739.01


1 Week Increase in ATM IV (Point change)
 TickerIssuerCloseDifference
AMCAMC ENTMT HLDGS INC3.1621.32
SMCISUPER MICRO COMPUTER713.6520.56
HUBSHUBSPOT INC631.2417.8
MEDMEDIFAST INC32.4416.84
HTZHERTZ GLOBAL HLDGS I5.9714.3


1 Month Increase in ATM IV (Point change)
 TickerIssuerCloseDifference
ALCCALTC ACQUISITION COR12.5070.62
SNAPSNAP INC11.1650.12
AMCAMC ENTMT HLDGS INC3.1649.6
GLGLOBE LIFE INC66.7447.73
KTOSKRATOS DEFENSE & SEC18.0246.45


Options with largest 1-day gain in Implied Volatility
 TickerIssuerExpirationStrikeP/CDifference
NKLANIKOLA CORP10/18/20240.50P39.94
MOMOHELLO GROUP INC05/17/20245.00P28.05
PBRPETROLEO BRASILEIRO 05/17/202414.00P23.86
ARMARM HOLDINGS PLC05/17/2024150.00C19.37
AMCAMC ENTMT HLDGS INC05/17/20242.00P17.90


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
TDSTELEPHONE & DATA SYS15.37-75.66
TGTXTG THERAPEUTICS INC13.78-73.22
AAOIAPPLIED OPTOELECTRON12.12-65.41
TRUPTRUPANION INC22.45-60.49
LMNDLEMONADE INC15.86-58.25


Academic Algorithms: ( Term LT-ST Difference )
 TickerIssuerCloseDifference
RILYB. RILEY FINANCIAL I19.99-93.8
AFRMAFFIRM HLDGS INC31.01-73.25
MEDMEDIFAST INC32.44-48.45
PLTRPALANTIR TECHNOLOGIE20.47-38.17
TDOCTELADOC HEALTH INC12.98-34.19


Academic Algorithms: ( 95-100 Skew Difference )
 TickerIssuerCloseDifference
ALCCALTC ACQUISITION COR12.50-6.87
CRMDCORMEDIX INC5.28-3.95
CYTKCYTOKINETICS INC67.55-2.4
ALKSALKERMES PLC23.85-2.25
AMTXAEMETIS INC3.79-1.61


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 & TECHNO36.38-259.1
CGCCANOPY GROWTH CORP7.93-141.74
GOEVCANOO INC2.85-98.42
BYNDBEYOND MEAT INC6.41-71.39
RILYB. RILEY FINANCIAL I19.99-51.56


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 TR05/17/2024420.00P331,039
SPYSPDR S&P 500 ETF TR04/19/2024410.00P311,967
SPYSPDR S&P 500 ETF TR04/26/2024425.00P304,399
FXIISHARES TR05/17/202422.00P273,343
NKLANIKOLA CORP01/17/20252.00C272,105


Top 5 Highest Volume Options
 TickerIssuerExpirationStrikeP/CVolume
SPYSPDR S&P 500 ETF TR04/19/2024495.00P473,680
SPYSPDR S&P 500 ETF TR04/19/2024497.00P417,541
SPYSPDR S&P 500 ETF TR04/19/2024500.00C354,009
SPYSPDR S&P 500 ETF TR04/19/2024496.00P308,021
SPYSPDR S&P 500 ETF TR04/19/2024494.00P290,897


Options with largest 1-day gain in open interest.
 TickerIssuerExpirationStrikeP/COpen Int
HYGISHARES TR06/21/202474.00P42,136
FXIISHARES TR05/17/202422.00P40,004
FXIISHARES TR05/17/202422.00C39,999
XLFSELECT SECTOR SPDR T05/17/202442.00C30,860
QQQINVESCO QQQ TR05/17/2024350.00P28,830


Options with largest 1-day drop in open interest.
 TickerIssuerExpirationStrikeP/COpen Int
HYGISHARES TR05/17/202473.00P-35,183
HYGISHARES TR05/17/202475.00P-31,150
QQQINVESCO QQQ TR05/17/2024375.00P-18,280
EEMISHARES TR05/17/202438.00P-13,383
XLFSELECT SECTOR SPDR T09/20/202440.00P-9,587


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 INDEX17,278
SPXCBOE S&P 500 INDEX13,075
XSPCBOE MINI SPX INDEX 9,957
RUTRUSSELL 2000 INDEX6,936
MSTRMICROSTRATEGY INC5,967

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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