Pre-Market IV Report April 17, 2026
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 over looked information
Options with increasing option implied volatility: OGN RUM QUBT UMC SE GME ANNX FRMI RUM OGN CMPS AEXA RDW FLY NVTS OPEN OCUL MLCO SRAD DFTX ITUB IRDM QFIN SBAC TLT AES TMF KVUE MAIN
Stocks expected to have increasing option volume: NFLX AA FITB STT ALLY KNX
Option implied volatility
Oracle (ORCL) 30-day option implied volatility is at 53; compared to its 52-week range of 28 to 77. Call put ratio 2.5 call to 1 put with a focus on May calls.
United States Oil Fund (USO) 30-day option implied volatility is at 70; compared to its 52-week range of 27 to 128. Call put ratio 1.1 calls to 1 put into WTI crude above $90.77.
Carriers option IV
FedEx (FDX) 30-day option implied volatility is at 28; compared to its 52-week range of 20 to 47. Call put ratio 5.1 calls to 1 put with a focus on April 390 calls into upcoming freight spin out.
UPS (UPS) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 47. Call put ratio 9.7 calls to 1 put with a focus on April 108 calls.
CSX Corp. (CSX) 30-day option implied volatility is at 28; compared to its 52-week range of 19 to 35. Call put ratio 33 calls to 1 put with focus on April 43, April 24 weekly 43.50 and April 24 weekly 46 calls.
Norfolk Southern (NSC) 30-day option implied volatility is at 24; compared to its 52-week range of 15 to 37. Call put ratio 9.3 calls to 1 put.
Old Dominion Freight Line (ODFL) 30-day option implied volatility is at 44; compared to its 52-week range of 31 to 56. Call put ratio 1 call to 1.9 puts.
Knight-Swift Transportation (KNX) 30-day option implied volatility is at 40; compared to its 52-week range of 29 to 50. Call put ratio 1.4 calls to 1 put into guidance.
J.B. Hunt Transport Services (JBHT) 30-day option implied volatility is at 32; compared to its 52-week range of 26 to 52. Call put ratio 1.4 calls to 1 put.
XPO, Inc (XPO) 30-day option implied volatility is at 56; compared to its 52-week range of 34 to 71. Call put ratio 6.9 calls to 1 put with focus on May 210 calls.
C. H. Robinson Worldwide (CHRW) 30-day option implied volatility is at 48; compared to its 52-week range of 18 to 55. Call put ratio 6.4 calls to 1 put with a focus on 1500 contracts of July 185 calls.
Schneider National, Inc. (SNDR) 30-day option implied volatility is at 43; compared to its 52-week range of 27 to 61 on more calls than puts.
TFI International Inc. (TFII) 30-day option implied volatility is at 44; compared to its 52-week range of 31 to 60 with a focus on October 110 calls.
ArcBest (ARCB) 30-day option implied volatility is at 53; compared to its 52-week range of 40 to 79 with a focus on May calls.
Straddle prices into quarter results and outlook
Cleveland-Cliffs (CLF) April 24 weekly 10 straddle is priced for a move of 12%. Call put ratio 1.1 calls to 1 put with a focus on June and July 9 puts into the expected release of quarter results before the bell on April 20.
Alaska Air Group (ALK) May 40 straddle is priced for a move of 15%. Call put ratio 3.2 calls to 1 put with a focus on January 50 calls into the expected release of quarter results before the bell on April 20.
Zions Bancorp (ZION) May 60 straddle is priced for a move of 9%. Call put ratio 1 call to 1.1 puts into the expected release of quarter results after the bell on April 20.
Steel Dynamics (STLD) April 24 weekly 10 straddle is priced for a move of 12%. Call put ratio 1.1 calls to 1 put into the expected release of quarter results before the bell on April 21.
Movement
Kenvue (KVUE) 30-day option implied volatility is at 27; compared to its 52-week range of 21 to 75 with a focus on 17K contracts of April 17.5 calls.
Abbott (ABT) 30-day option implied volatility is at 26; compared to its 52-week range of 17 to 34. Call put ratio 1 call to 1.2 puts with a focus on 51K contracts, compared to its 90-day average of 15K contracts as share price down 5.3%.
Flutter Entertainment (FLUT) 30-day option implied volatility is at 66; compared to its 52-week range of 26 to 72. Call put ratio 1 call to 8 puts with a focus on June 90 and September 90 puts.
Tractor Supply (TSCO) 30-day option implied volatility is at 40; compared to its 52-week range of 23 to 41. Call put ratio 1 call to 11.5 put with a focus on 6600 contracts of July 45 puts.
Lionsgate Studios (LION) 30-day option implied volatility is at 76; compared to its 52-week range of 31 to 93. Call put ratio 5.9 calls to 1 put with a focus on a spreader of 10K contracts of December 12 and 17 calls as share price up 4.3%.
Arteris, Inc (AIP) 30-day option implied volatility is at 81; compared to its 52-week range of 56 to 116 with a focus on 3K contracts of May 25 calls as share price up 5.4%.
Summit Therapeutics (SMMT) 30-day option implied volatility is at 90; compared to its 52-week range of 70 to 146. Call put ratio 6.3 calls to 1 put with a focus on a spreader of 2K contracts of June 25 and 30 calls as share price up 13.6%.
Options with decreasing option implied volatility: VISN RVMD GSAT KMX GLL OBDX
Increasing unusual option volume: ING CMPX CRBG CHGG ACHV ORBS
Increasing unusual call option volume: CMPX ALM CHGG ACHV SIG GRPN SGHC
Increasing unusual put option volume: CTMX BEKE CAR VIAV BK BB MDLN TVTX EA BCS
Popular stocks with increasing option volume: INTC ORCL PLTR MSTR SOFI HOOD MARA HIMS MU BABA TSM
Active options: TSLA NVDA AMD AAPL NFLX MSFT INTC AMZN ORCL PLTR MSTR SOFI HOOD MARA HIMS MARA HIMS MU RKLB META BABA TSM
Global S&P Futures mixed in premarket, Nikkei down 1.7%, DAX mixed, WTI Crude oil recently at $90.81, natural gas mixed, gold at $4814
