Pre-Market IV Report July 23, 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: DRIP KLAR TGT WU ROST HYG TENX RARE KODK PGEN NG CCXI HNGE MED TSN WEAT ETH BOX WU DX SLF
Stocks expected to have increasing option volume: GOOG GOOGL TSLA TXN IBM NOW CSX URI LUV SLG RTX TMUS TMO SAP UNP LMT NEM LVS QS INTC BX FCX CMCSA AAL
United States Oil Fund (USO) 30-day call option implied volatility is 63; compared to its 52-week range of 26 to 129. Call put ratio 1.8 calls to 1 put into WTI crude oil up 3.4%.
Straddle price into quarter results and outlook
Intel (INTC) July 24 weekly 105 straddle priced for a move of 13%. Call put ratio 1.5 calls to 1 put into the expected release of quarter results today after the bell.
American Express (AXP) July 24 weekly 347 straddle priced for a move of 4%. Call put ratio 1 call to 3.7 puts with a focus on August 195 puts the expected release of quarter results before the bell on July 24.
NextEra Energy (NEE) July 24 weekly 90 straddle priced for a move of 4.5%. Call put ratio 3.4 calls to 1 put with a focus on August calls into the expected release of quarter results before the bell on July 24.
Verizon Communications (VZ) July 24 weekly 44 straddle priced for a move of 4%. Call put ratio 1.3 calls to 1 put into the expected release of quarter results before the bell on July 24.
Movers
CAVA Group (CAVA) 30-day call option implied volatility is 73; compared to its 52-week range of 42 to 83. Call put ratio 1.2 calls to 1 put as share price down 2.6%.
Sweetgreen (SG) 30-day call option implied volatility is 109; compared to its 52-week range of 63 to 118. Call put ratio 1.4 calls to 1 put amid wide price movement.
Yum! Brands (YUM) 30-day call option implied volatility is 34; compared to its 52-week range of 18 to 41. Call put ratio 2 calls to 1 put with a focus on September 140 and 170 calls.
Workday (WDAY) 30-day call option implied volatility is 73; compared to its 52-week range of 26 to 77. Call put ratio 1 call to 2.9 puts with a focus on 5800 contracts of July 24 weekly 125 calls.
Ishares S&P Software Index Fund (IGV) 30-day call option implied volatility is 36; compared to its 52-week range of 20 to 45. Call put ratio 1 call to 1.4 puts as share price down 3.2%.
Options with decreasing option implied volatility: ATAI DXYZ NFLX ISRG ABT UNH GE MMM ROKU
Increasing unusual option volume: CBRG ADTN PEGA RSI OI IONS XYL GPC PPL
Increasing unusual call option volume: PPL TEL ADTN ANGX BETA INFY AIRJ
Increasing unusual put option volume: ARWR CALM CSX TECK MUU ACI CIA TEL INFY
Popular stocks with increasing option volume: MU INTC NFLX PLTR SPCX AVGO NOW NOK ORCL RIOT
Active options: NVDA AAPL SMCI MU AMZN TSLA MSFT INTC NFLX PLTR AMD META SPCX ONDS AVGO GOOGL NOW NOK ORCL RIOT
Global S&P Futures mixed to lower in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $90, natural gas mixed, gold at $4094
