Pre-Market IV Report April 21, 2025

Pre-Market IV Report April 21, 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: HTZ BHVN TPVG QURE TRVI GKOS MGNI DJT IEP CAPR NEXT UNH DXC BITO FSM SWBI

Stocks expected to have increasing option volume: TSLA NVDA AVGO AMD CMA ZION VZ NVS SAP RTX DHR B LMT MCO NOC GE HAL CB

Option IV as gold above $3400 and dollar moves to fresh lows against major currencies

SPDR Gold Trust (GLD) 30-day option implied volatility is at 23; compared to its 52-week range of 14 to 25. Call put ratio 1 call to 1 put as gold trades above $3400.

Straddle prices into quarter results

Telsa (TSLA) April 25 weekly 242 straddle priced for movement of 10.5% into the expected release of quarter results after the bell on April 22.

SAP SE (SAP) May 260 straddle priced for movement of 8% into the expected release of quarter results after the bell on April 22.

Novartis (NVS) May 110 straddle priced for movement of 5.5% into the expected release of quarter results before the bell on April 22.

GE Aerospace (GE) April 25 weekly 182.50 straddle priced for movement of 7% into the expected release of quarter results before the bell on April 22.

Verizon (VZ) April 25 weekly 44 straddle priced for movement of 5.5% into the expected release of quarter results before the bell on April 22.

Intuitive Surgical (ISRG) April 25 weekly 482.50 straddle priced for movement of 8% into the expected release of quarter results after the bell on April 22.

RTX Corp (RTX) April 25 weekly 130 straddle priced for movement of 5% into the expected release of quarter results before the bell on April 22.

Danaher (DHR) April 25 weekly 185 straddle priced for movement of 7.5% into the expected release of quarter results before the bell on April 22.

Chubb (CB) April 25 weekly 285 straddle priced for movement of 5% into the expected release of quarter results after the bell on April 22.

Lockheed Martin (LMT) April 25 weekly 465 straddle priced for movement of 5.5% into the expected release of quarter results before the bell on April 22.

Elevance (ELV) May 420 straddle priced for movement of 8% into the expected release of quarter results before the bell on April 22.

Moody’s (MCO) May 420 straddle priced for movement of9 % into the expected release of quarter results before the bell on April 22.

Northrop Gruman (NOC) May 540 straddle priced for movement of 8% into the expected release of quarter results before the bell on April 22.

Haliburton (HAL) April 25 weekly 22.50 straddle priced for movement of 6.5% into the expected release of quarter results before the bell on April 22.

Movers

UnitedHealth Group (UNH) April call option implied volatility is at 131, May is at 40; compared to its 52-week range of 17 to 48. Call put ratio 1.3 calls to 1 put as share price down 23% after releasing quarter results and outlook.

Taiwan Semiconductor (TSM) 30-day option implied volatility is at 43; compared to its 52-week range of 31 to 72. Call put ratio 1.5 calls to 1 put.

Eli Lilly & Co. (LLY) 30-day option implied volatility is at 42; compared to its 52-week range of 23 to 64. Call put ratio 1.1 calls to 1 put after Eli Lilly’s weight-loss pill, as an alternative to injectables, succeeded in a late-stage trial on diabetes patients.

FIS (FIS) 30-day option implied volatility is at 37; compared to its 52-week range of 17 to 52. Call put ratio 1 call to 1 put as share price up 9.5%.

Alcoa (AA) 30-day option implied volatility is at 65; compared to its 52-week range of 41 to 100. Call put ratio 1.2 calls to 1 put into the expected release of quarter results after the bell on April 16.

PPL Corp. (PPL) 30-day option implied volatility is at 21; compared to its 52-week range of 12 to 33. Spreader active on 2498 contracts of April 36 and May 38 calls as share price up 1.9%.

Samsara Inc (IOT) 30-day option implied volatility is at 56; compared to its 52-week range of 36 to 95. Call put ratio 1 call to 13.9 puts with a focus on 7200 contracts of May 35 puts.

Dynatrace Inc. (DT) 30-day option implied volatility is at 48; compared to its 52-week range of 20 to 71. Call put ratio 47 calls to 1 put with a focus on 6K contracts of May 50 call.

Options with decreasing option implied volatility: NMAX DPST LABU TZA MSTU YINN YANG TSLL
Increasing unusual option volume: HTZ UMC XND QURE BHVN AMCR VIST GPN PPTA CYH AEVA
Increasing unusual call option volume: XND HTZ UMC BHVN UMC AMCR HDB AEVA NICE FTI
Increasing unusual put option volume: GPN HTZ AZUL MP SPESG SRPT UWMC KEY TCOM UNH AGL TMC
Popular stocks with increasing volume: MSTR HTZ AMD INTC UNH TSM GME BABA COIN HOOD NFLX
Active options: NVDA TSLA AAPL PLTR MSTR HTZ AMZN META AMD INTC GOOGL UNH MARA TSM GME BABA COIN MSFT HOOD NFLX
Global S&P Futures down in premarket, Nikkei down 1%, DAX mixed, WTI Crude oil recently at $63, natural gas down 1%, gold at $3404