Pre-Market IV Report April 16, 2025

Pre-Market IV Report April 16, 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: BIRK CGEM MSTY ABR TSLY CONY BUR BKLN ECL HSY ULE

Stocks expected to have increasing option volume: NVDA AVGO AMD QCOM DELL SMCI MU UAL ASML ABT PLD USB TRV CSX LVS CFG AA OZK VFS TSM UNH IBKR JBHT

NVIDIA (NVDA) option IV into new US limit on Nvidia’s exports to China will cost the company $5.5B

NVIDIA (NVDA) 30-day option implied volatility is at 51; compared to its 52-week range of 34 to 89. Call put ratio 1.3 calls to 1 into disclosure of $5.5B H20 product charge.

Broadcom (AVGO) 30-day option implied volatility is at 51; compared to its 52-week range of 34 to 74. Call put ratio 1 call to 1 put.

AMD (AMD) 30-day option implied volatility is at 61; compared to its 52-week range of 35 to 87. Call put ratio 1 call to 1 put.

Micron Technology (MU) 30-day option implied volatility is at 61; compared to its 52-week range of 37 to 87. Call put ratio 1.8 calls to 1 put.

Qualcomm (QCOM) 30-day option implied volatility is at 48; compared to its 52-week range of 24 to 73.

Dell Technologies (DELL) 30-day option implied volatility is at 54; compared to its 52-week range of 33 to 87. Call put ratio 2.2 calls to 1 put with a focus on May options.

Super Micro Computer (SMCI) 30-day option implied volatility is at 97; compared to its 52-week range of 60 to 217. Call put ratio 2.8 calls to 1 put with focus on April 42 calls and May 33 calls.

Movers

SPDR Gold Trust (GLD) 30-day option implied volatility is at 20; compared to its 52-week range of 14 to 25. Call put ratio 1.2 calls to 1 put as gold trades $3325.

Bank of America (BAC) April call option implied volatility is at 44, May is at 34; compared to its 52-week range of 18 to 61. Call put ratio 2 calls to 1 put after quarter results as share price up 4.4%.

Citigroup (C) April call option implied volatility is at 50, May is at 36; compared to its 52-week range of 21 to 67. Call put ratio 1.9 calls to 1 put after quarter results as share price up 3.4%.

USA Rare Earth (USAR) 30-day option implied volatility is at 168; compared to its 52-week range of 116 to 221. Call put ratio 8.1 calls to 1 put with a focus on April 20 and May 25 calls as share price up 18%.

Universal Health (UHS) 30-day option implied volatility is at 43; compared to its 52-week range of 22 to 63 with a focus on a spreader of 284 contracts of April 165 and 175 puts.

Howmet Aerospace (HWM) 30-day option implied volatility is at 53; compared to its 52-week range of 17 to 67 with a focus on April 124, 127 and 134 calls.

Matson (MATX) 30-day option implied volatility is at 49; compared to its 52-week range of 23 to 54 with a focus on a spreader of 1200 contracts of May 85 puts and 600 contracts of May 95 puts.

Service Corp (SCI) 30-day option implied volatility is at 37; compared to its 52-week range of 16 to 47 with a focus on May 75 and 80 puts.

J. M. Smucker (SJM) 30-day option implied volatility is at 26; compared to its 52-week range of 18 to 68 with a focus on 3K contracts of May 115 puts.

ADMA Biologics (ADMA) 30-day option implied volatility is at 72; compared to its 52-week range of 38 to 105. Call put ratio 16 calls to 1 put with a focus on a spreader of 3K contracts of April 19 and May 22 calls as share price up 4.3%.

Straddle prices into quarter results

ASML Holding (ASML) April 672.50 straddle priced for movement of 7% into the expected release of quarter results before the bell on April 16.

Taiwan Semiconductor (TSM) April 157.50 straddle priced for movement of 5% into the expected release of quarter results before the bell on April 17.

UnitedHealthcare (UNH) April 582.50 straddle priced for movement of 5% into the expected release of quarter results before the bell on April 17.

Netflix (NFLX) April 975 straddle priced for movement of 8% into the expected release of quarter results after the bell on April 17.

American Express (AXP) April 257.50 straddle priced for movement of 5.5% into the expected release of quarter results before the bell on April 17.

Marsh & McLennan (MMC) April 230 straddle priced for movement of 4% into the expected release of quarter results before the bell on April 17.

Blackstone (BX) April 135 straddle priced for movement of 7% into the expected release of quarter results before the bell on April 17.

Truist Financial (TFC) April 36 straddle priced for movement of 4.5% into the expected release of quarter results before the bell on April 17.

D.R. Horton (DHI) April 120 straddle priced for movement of 7% into the expected release of quarter results before the bell on April 17.

Fifth Third (FITB) April 35 straddle priced for movement of 6.5% into the expected release of quarter results before the bell on April 17.

State Street (STT) April 81 straddle priced for movement of 7.5% into the expected release of quarter results before the bell on April 17.

Huntington Bancshares (HBAN) April 13 straddle priced for movement of 6.5% into the expected release of quarter results before the bell on April 17.

Regions Financial (RF) April 19 straddle priced for movement of 7% into the expected release of quarter results before the bell on April 17.

KeyCorp (KEY) April 14 straddle priced for movement of 5.5% into the expected release of quarter results before the bell on April 17.

Ally Financial (ALLY) April 32.50 straddle priced for movement of 7.5% into the expected release of quarter results before the bell on April 17.

Options with decreasing option implied volatility: MSTZ YANG SVIX MSTX MSTU YINN TECL LABU TSLL SQQQ CWEB CONL AEHR NVDL TNA UPRO
Increasing unusual option volume: HLT LOGC ALGM TMC HUYA QURE KEY ATEC
Increasing unusual call option volume: HLT LOGC TMC QURE WGMI UDN PRMB KEY MBOT
Increasing unusual put option volume: KEY BBWI NE IAU TSN KDP JNPR MP IBN MAGS
Popular stocks with increasing volume: BAC MSTR WFC INTC GME NFLX AMD KEY PFE TSM
Active options: NVDA TSLA PLTR AAPL META BAC MSTR GOOGL WFC INTC AMZN GME NFLX AMD KEY PFE TSM MSFT MARA
Global S&P Futures mixed in premarket, Nikkei down, DAX mixed, WTI Crude oil recently at $62, natural gas down 2%, gold at $3345