Mid-session IV Report January 5, 2026

Mid-session IV Report January 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: OCUL AQST LITE SYM METU ELF SNAP PINS CWAN TER TEAM DECK ALGN FTNT AFRM CHTR CMG BILL RBLX NET PLTR ASML PYPL TEVA LEVI META NOK AMZN UPS DIS SBUX TTWO GM IBM QCOM MSFT GOOGL RTX PM CVX CL HON V JEPQ NOK VLO UBER

Popular stocks with increasing option volume: INTC CVX AMD MU AVGO COIN PLTR HOOD BAC NKE

Active options: NVDA INTC AAPL TSLA CVX AMZN AMD MU AVGO COIN GOOGL MSFT PLTR IREN RDW HOOD BMNR BBAI BAC NKE

Movement into CES

NVIDIA (NVDA) 30-day option implied volatility is at 38; compared to its 52-week range of 32 to 75. Call put ratio 1.8 calls to 1 put with a focus on January 9 weekly 197.50 calls into CEC.

AMD (AMD) 30-day option implied volatility is at 56; compared to its 52-week range of 37 to 88. Call put ratio 1.4 calls to 1 put with a focus on June 140 puts into Dr. Lisa Su, Chair and CEO, CEC keynote at 6:30 p.m. PST on Monday, January 5.

Caterpillar (CAT) 30-day option implied volatility is at 39; compared to its 52-week range of 21 to 62. Call put ratio 2.1 calls to 1 put with a focus on June 9 weekly puts into Joe Creed, CEO, CEC keynote at 9:00 a.m. PST on January 7.

Qualcomm (QCOM) 30-day option implied volatility is at 34; compared to its 52-week range of 25 to 73. Call put ratio 3.8 calls to 1 put with a focus on January 9 weekly calls as share price up 2.6%.

Strategy (MSTR) 30-day option implied volatility is at 67; compared to its 52-week range of 44 to 120. Call put ratio 1.6 calls to 1 put as share price up 5.5%.

Option implied volatility as silver near record high

iShares Silver Trust (SLV) 30-day option implied volatility is at 65; compared to its 52-week range of 22 to 76. Call put ratio 1.7 calls to 1 put as share price up 5.9%.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 45; compared to its 52-week range of 29 to 50. Call put ratio 2.4 call to 1 put as share price up 4.2%.

Freeport-McMoran (FCX) 30-day option implied volatility is at 40; compared to its 52-week range of 33 to 83. Call put ratio 3 calls to 1 put with a focus on March 45, 50 and 55 calls as share price up 3.4%.

Chevron (CVX) 30-day option implied volatility is at 24; compared to its 52-week range of 18 to 58. Call put ratio 2.4 calls to 1 put with a focus on January 9 weekly calls as share price up 4.2%.

ExxonMobil (XOM) 30-day option implied volatility is at 22; compared to its 52-week range of 18 to 53. Call put ratio 3.9 calls to 1 put with a focus on January calls as share price up 1.3%.

Phillips 66 (PSX) 30-day option implied volatility is at 29; compared to its 52-week range of 26 to 74. Call put ratio 3.2 calls to 1 put with a focus on January 9 weekly calls 140, 141 and 142 calls as share price up 5.8%.

Option IV into quarter results

Applied Digital (APLD) January 9 weekly call option implied volatility is at 180, January is at 135; compared to its 52-week range of 81 to 147. Call put ratio 2.4 calls to 1 put into the expected release of quarter results after the bell on January 7.

Options with decreasing option implied volatility: AVDL DBRG
Increasing unusual option volume: HYFT ZSL URNM ARBE PBF STRC PLNT ARES PRMB CNQ
Increasing unusual call option volume: ZSL URNM HYFT PBF ARES MPLX BZAI CNQ ABR
Increasing unusual put option volume: AR EXE DUST EXK ARES NDAQ CNQ CVX WVE CSIQ BBBY FIGR