Mid-session IV Report October 15, 2025

Mid-session IV Report October 15, 2025

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: AREC NVTS CRML VERI FLNC UAMY ABAT LAES LAC BTDR NP INDI MP PPTA ZIM NXE DOCN AGQ

Popular stocks volume: SNAP BAC PLTR SOFI INTC WMT

Active options: NVDA TSLA AMD SNAP OPEN BAC PLTR AMZN AAPL LAES ACHR SOFI INTC WMT RGTI BITF SMR OKLO MARA IREN

Metal Movers

United States Oil Fund (USO) 30-day option implied volatility is at 32; compared to its 52-week range of 24 to 66. Call put ratio 1.8 calls to 1 put as WTI crude at $58.99.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 43; compared to its 52-week range of 29 to 50. Call put ratio 1.8 calls to 1 put with a focus on a October 80 calls as gold trades $4217.

Freeport-McMoran (FCX) 30-day option implied volatility is at 49; compared to its 52-week range of 32 to 83. Call put ratio 9.3 calls to 1 put with a focus on October 24 weekly 44 calls as share price up 1.3%.

iShares Silver Trust (SLV) 30-day option implied volatility is at 46; compared to its 52-week range of 22 to 48. Call put ratio 3.3 calls to 1 put with a focus on October 24 weekly 47 calls as silver up 1.5%.

Rare earth option IV as share prices move lower

Lithium Americas (LAC) 30-day option implied volatility is at 168; compared to its 52-week range of 51 to 184. Call put ratio 10 calls to 1 put as share price down 2.4%.

MP Materials (MP) 30-day option implied volatility is at 1114; compared to its 52-week range of 44 to 118. Call put ratio 2.3 calls to 1 put with a focus on November calls as share price down 8.5%.

Critical Metals (CRML) 30-day option implied volatility is at 221; compared to its 52-week range of 21 to 204. Call put ratio 1.4 calls to 1 put as share price down 20%.

USA Rare Earth (USAR) 30-day option implied volatility is at 175 compared to its 52-week range of 99 to 221. Call put ratio 2 calls to 1 put as share price down 13%.

Option IV into quarter results

Taiwan Semiconductor (TSM) October call option implied volatility is at 83, November is at 47; compared to its 52-week range of 30 to 71. Call put ratio 1.5 calls 1 put into the expected release of quarter results before the bell on October 16.

Charles Schwab (SCHW) October call option implied volatility is at 90, November is at 34; compared to its 52-week range of 20 to 61. Call put ratio 2.1 calls 1 put into the expected release of quarter results before the bell on October 16.

U.S. Bancorp (USB) October call option implied volatility is at 60, November is at 27; compared to its 52-week range of 19 to 61. Call put ratio 1 call to 1 put into the expected release of quarter results before the bell on October 16.

Options with decreasing option implied volatility: FAST
Increasing unusual option volume: AGIO TMQ HOND GTES UROY
Increasing unusual call option volume: TMQ HOND GTES FLO UROY
Increasing unusual put option volume: CRML OMER FHN EXK FIVN