Pre-Market IV Report May 5, 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: LFUS WYFI VCX ASAN SMMT ARRY BKD IPGP PL REAL LSCC NAIL VRDN TDC FIP CRCL WYY EQPT
Stocks expected to have increasing option volume: PLTR PINS PFE AMD MSTR SHOP SMCI ETN CMI KKR BUD ARM NVO DIS APP UBER CVS MELI GFS PYPL ADM FISV LDOS IT DD IART WAS BUD PGR VRTX ON GRAB DUOL SONO DASH APO WBD PSY MCD KHC FLUT AXON GILD VST ABNB TPR RKT DDOG RKLB LNG COIN FIS FLY
United States Oil Fund (USO) 30-day option implied volatility is at 81; compared to its 52-week range of 26 to 128. Call put ratio 1.2 calls to 1 put with a focus on a spreader of 2K contracts of June 150 and July 170 calls.
Straddle price into quarter results and outlook
AMD (AMD) May 8 weekly 340 straddle is priced for a move of 7.5%. Call put ratio 1.1 calls to 1 put into the expected release of quarter results today after the bell.
Strategy (MSTR) May 8 weekly 185 straddle is priced for a move of 8.5%. Call put ratio 1.6 calls to 1 put into the expected release of quarter results today after the bell.
Arm Holdings (ARM) May 8 weekly 205 straddle is priced for a move of 11.5%. Call put ratio 1 call to 1.3 puts with a focus on June options into the expected release of quarter results after the bell on May 6.
Novo Nordisk (NVO) May 8 weekly 45 straddle is priced for a move of 7.5%. Call put ratio 3.4 calls to 1 put with a focus on September 35 calls into the expected release of quarter results before the bell on May 6.
Walt Disney (DIS) May 8 weekly 101 straddle is priced for a move of 7%. Call put ratio 1.4 calls to 1 put into the expected release of quarter results before the bell on May 6.
Uber (UBER) May 8 weekly 74 straddle is priced for a move of 7.5%. Call put ratio 1.1 calls to 1 put with a focus on July 67.50 puts into the expected release of quarter results before the bell on May 6.
Movers
Celcuity (CELC) 30-day option implied volatility is at 74; compared to its 52-week range of 58 to 304. Call put ratio 1 call to 2.5 puts with a focus on May puts as share price up 16%.
Essex Property Trust (ESS) 30-day option implied volatility is at 22; compared to its 52-week range of 17 to 30. Call put ratio 3 calls to 1 put.
Vishay Intertechnology (VSH) 30-day option implied volatility is at 77; compared to its 52-week range of 34 to 73. Call put ratio 36 calls to 1 put with a focus on 2K contracts of December 40 calls.
CNA Financial (CNA) 30-day option implied volatility is at 25; compared to its 52-week range of 18 to 46 with a focus on August 48 calls as share price down 4.3%.
Norwegian Cruise Line (NCLH) 30-day option implied volatility is at 58; compared to its 52-week range of 38 to 71. Call put ratio 1.3 calls to 1 put with a focus on January 27 calls as share price down 9%.
Array Technologies Inc. (ARRY) 30-day option implied volatility is at 111; compared to its 52-week range of 67 to 119 with a focus on 11800 contracts of May 7 puts.
Sonos (SONO) 30-day option implied volatility is at 67; compared to its 52-week range of 33 to 76 with a focus on 2600 contracts of June 20 calls.
Regal Rexnord Corporation (RRX) 30-day option implied volatility is at 64; compared to its 52-week range of 33 to 62 with a focus on 2500 contracts of May 230 calls.
Tango Therapeutics, Inc (TNGX) 30-day option implied volatility is at 163; compared to its 52-week range of 66 to 217. Call put ratio 2.4 calls to 1 put with a focus on May 23 and 30 calls as share price up 10%.
Options with decreasing option implied volatility: CAR AMKR MSFU RBLX CROX TEAM NN SRAD FIVN
Increasing unusual option volume: GXO XRX GLNG MTUM CELC TDC
Increasing unusual call option volume: XRX GLNG JEF INSW GEHC REAL ARDX FXY ITB LRMR
Increasing unusual put option volume: XRX MTUM WOLF TPG XP ARRY DLR CDNS MDLN SMMT
Popular stocks with increasing option volume: MU GME INTC NOK PLTR ORCL SOFI MSTR NKE NFLX HOOD
Active options: NVDA TSLA AMZN AAPL MU MSFT GME INTC META NOK PLTR AMD GOOGL ORCL SOFI MSTR NKE NFLX HOOD IREN
Global S&P Futures mixed in premarket, Nikkei mixed, DAX up 1%, WTI Crude oil recently at $104.40, natural gas mixed, gold at $4566
