Pre-Market IV Report December 17, 2025

Pre-Market IV Report December 17, 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: MSOS TLRY MESO ACB DXCM RILY USG BKKT MESO ADMA INSM UNG FBY WOR LBRT

Stocks expected to have increasing option volume: MU SNKD WDC GIS NKE FDX ACN LEN TOL STUB WOR PLCE CRCL PBR KVUE

Movers

Tesla (TSLA) 30-day option implied volatility is at 51; compared to its 52-week range of 44 to 105. Call put ratio 1.8 calls to 1 put as share price near record high.

Entertainment option IV

Warner Bros. Discovery (WBD) 30-day option implied volatility is at 32; compared to its 52-week range of 23 to 82. Call put ratio 3 calls to 1 put.

Netflix (NFLX) 30-day option implied volatility is at 33; compared to its 52-week range of 25 to 71. Call put ratio 1.6 calls to 1 put.

Paramount Skydance Corporation (PSKY) 30-day option implied volatility is at 54; compared to its 52-week range of 45 to 97. Call put ratio 1.1 calls to 1 put.

Comcast (CMCSA) 30-day option implied volatility is at 32; compared to its 52-week range of 20 to 48. Call put ratio 6.4 calls to 1 put.

Lionsgate Studios (LION) 30-day option implied volatility is at 69; compared to its 52-week range of 23 to 82. Call put ratio 118 calls to 1 put.

Movement

UBS AG (UBS) 30-day option implied volatility is at 22; compared to its 52-week range of 20 to 60. Call put ratio 2.8 calls to 1 put with a focus on January calls as share price up.

Okta, Inc. (OKTA) 30-day option implied volatility is at 33; compared to its 52-week range of 30 to 67. Call put ratio 2.2 calls to 1 put as share price up.

PENN Entertainment (PENN) 30-day option implied volatility is at 50; compared to its 52-week range of 41 to 90 with a focus on 8900 contracts of December 15 calls.

ADP (ADP) 30-day option implied volatility is at 19; compared to its 52-week range of 13 to 42. Call put ratio 1 call to 1.5 puts as share price down 1.5%.

Archer Daniels Midland (ADM) 30-day option implied volatility is at 25; compared to its 52-week range of 21 to 57. Call put ratio 1 call to 2.1 puts with a focus on March 55 puts as share price down 3.2%.

ABM Industries (ABM) 30-day option implied volatility is at 36; compared to its 52-week range of 17 to 47 with a focus on a spreader of 3K contracts December 40 and 45 puts.

Navan (NAVN) 30-day option implied volatility is at 81; compared to its 52-week range of 58 to 104. Call put ratio 3.6 calls to 1 put with a focus on 6K contracts of January 15 calls as share price down 14.5%.

Copart (CPRT) 30-day option implied volatility is at 26; compared to its 52-week range of 19 to 44. Call put ratio 25 calls to 1 put with a focus on 12K contracts of January 40 calls.

PPG Industries (PPG) 30-day option implied volatility is at 23; compared to its 52-week range of 19 to 50 with a focus on 1600 contracts of January 115 calls.

Straddle prices into quarter results

Nike (NKE) December 68 straddle priced for a move of 7%. Call put ratio 2.8 calls to 1 put into the expected release of quarter results after the bell on December 18.

Cintas Corp. (CTAS) December 187.50 straddle priced for a move of 7%. Call put ratio 1 calls to 1 put into the expected release of quarter results before the bell on December 18.

FedEx (FDX) December 282.50 straddle priced for a move of 7%. Call put ratio 1 calls to 1 put into the expected release of quarter results after the bell on December 18.

Options with decreasing option implied volatility: ABVX NKTR PLAY ULTY PL LULU AVAV RH AQST REPL XXI KODK CHYW GME ORCL CIEN SNPS ADBE
Increasing unusual option volume: XEL NXDR IJR XLB IRBT KPTI
Increasing unusual call option volume: ES ARES RDNT ALGM TEL FLWS
Increasing unusual put option volume: COLD EQNR VEEV JBL XLB UWMC VAL
Popular stocks with increasing option volume: AVGO PFE MSTR NFLX ORCL SOFI CMCSA CRWV RIVN HOOD
Active options: TSLA NVDA AAPL PLTR AVGO PFE MSTR AMZN AMD GOOGL NFLX ORCL SOFI CMCSA IREN GOOG META CRWV RIVN HOOD
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $56.45, natural gas up 1%, gold at $4345