Pre-Market IV Report September 8, 2026

Pre-Market IV Report September 8, 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: FXY DFTX RAM BEZ ATAI DRAM DJX TITN ETHE AGCO MTUS DGX XEL

Stocks expected to have increasing option volume: ORCL USO XOM CVX BP COP TTE FCX SCCO NVS

Option IV as WTI crude trends higher

United States Oil Fund (USO) 30-day option implied volatility is at 42; compared to its 52-week range of 26 to 129. Call put ratio 1 call to 1 put as oil trends higher.

BP (BP) 30-day option implied volatility is at 29; compared to its 52-week range of 21 to 39. Call put ratio 2.4 calls 1 put as energy prices trend higher.

Chevron (CVX) 30-day option implied volatility is at 25; compared to its 52-week range of 18 to 33. Call put ratio 1.8 calls 1 put.

ConocoPhillips (COP) 30-day option implied volatility is at 29; compared to its 52-week range of 24 to 39. Call put ratio 1 calls 1 put.

Exxon Mobil (XOM) 30-day option implied volatility is at 27; compared to its 52-week range of 18 to 37. Call put ratio 2.7 calls 1 put as energy prices trend higher.

TotalEnergies (TTE) 30-day option implied volatility is at 24; compared to its 52-week range of 16 to 34. Call put ratio 10 calls 1 put with a focus on December calls as energy prices trend higher.

Option IVC as copper trends higher

Freeport-McMoran (FCX) 30-day option implied volatility is at 47; compared to its 52-week range of 33 to 63. Call put ratio 1.5 calls 1 put amid copper near all-time high.

Southern Copper Corp. (SCCO) 30-day option implied volatility is at 45; compared to its 52-week range of 31 to 66. Call put ratio 1 call 1 put amid copper near all-time high.

Movers

Novartis (NVS) 30-day option implied volatility is at 29; compared to its 52-week range of 17 to 36. Call put ratio 1.6 calls 1 put into halts two trials testing ziltivekimab, Bloomberg reports.

Amgen (AMGN) 30-day option implied volatility is at 34; compared to its 52-week range of 21 to 37. Call put ratio 1 call 1 put into share price lower before the bell.

GoPro (GPRO) 30-day option implied volatility is at 177; compared to its 52-week range of 93 to 241. 362K option contracts traded compared to its 90-day average of 1366 contracts.

Biomea Fusion, Inc. (BMEA) 30-day option implied volatility is at 108; compared to its 52-week range of 55 to 189 with a focus on January 2.5 calls.

Perpetua Resources Corp (PPTA) 30-day option implied volatility is at 66; compared to its 52-week range of 65 to 117 with a focus on 6800 contracts of January 35 calls.

V.F. Corp. (VFC) 30-day option implied volatility is at 38; compared to its 52-week range of 36 to 81 with a focus on September 15, February 11 and March 14 puts.

Sk Telecom (SKM) 30-day option implied volatility is at 60; compared to its 52-week range of 26 to 90. Call put ratio 1.7 calls 1 put on 9900 contracts.

Straddle prices into quarter results and outlook

Casey’s General Stores (CASY) September 760 straddle priced for a move of 10%. Call put ratio 1.1 calls to 1 put into the expected release of quarter results today after the bell.

Oracle (ORCL) September 4 weekly 157.50 straddle priced for a move of 13%. Call put ratio 2.6 calls to 1 put with a focus on a spreader of September 165, March 170 and March 220 calls into the expected release of quarter results after the bell on September 10.

Options with decreasing option implied volatility: PL NTSK GTLB MDB PATH ASAN SNOW AI ZS DOCU CIEN IOT NTAP LULU HPE PANW AVGO VICI CZR
Increasing unusual option volume: GPRO BMEA CHPT DPRO RARE HAFN VFC INSW CYPH
Increasing unusual call option volume: GPRO BMEA DPRO RARE INSW VSXY CHPT VRNS SYF EPYT
Increasing unusual put option volume: RARE VFC LULU CAMT BSP NMAX TECK DKS EYPT TRIP LYV
Popular stocks with increasing option volume: MU INTC SPCX MSTR SMCI SNDK AVGO PLTR NFLX LULU HOOD
Active options: NVDA TSLA AAPL MU INTC SPCX AMZN MSTR AMD META SMCI GOOGL SNDK AVGO PLTR NFLX LULU MSFT IREN HOOD
Global S&P Futures lower in premarket, Nikkei down 1.5%, Germany mixed, WTI Crude oil recently at $94.40, natural gas mixed, gold at $4440