Pre-Market IV Report February 10, 2025

Pre-Market IV Report February 10, 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: BBAI LUNR MNMD CAPR ASTS IOT FL EH GAP GTLB MGNI MDB TGT ANF KSS OKTA BURL PARA EDR

Stocks expected to have increasing option volume: MCD ON MNDY VRTX AA X CLF NEU STLD MT BP META

Option IV into President Donald Trump plans to announce 25% tariffs on all imports of steel and aluminum.

U.S. Steel (X) 30-day option implied volatility is at 62; compared to its 52-week range of 18 to 116. Call put ratio 3.6 calls to 1 put into President Donald Trump plans to announce 25% tariffs on all imports of steel and aluminum.

Alcoa (AA) 30-day option implied volatility is at 46; compared to its 52-week range of 41 to 61. Call put ratio 3.6 calls to 1 put.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 31; compared to its 52-week range of 27 to 40 as gold near upper end of range.

Straddle prices into quarter results

Coca-Cola (KO) February 14 weekly 64 straddle priced for movement of 3% into the expected release of quarter results before the bell on February 11.

Shopify (SHOP) February 14 weekly 117 straddle priced for movement of 14% into the expected release of quarter results before the bell on February 11.

Gilead (GILD) February 14 weekly 96 straddle priced for movement of 6% into the expected release of quarter results after the bell on February 11.

DoorDash (DASH) February 14 weekly 195 straddle priced for movement of 11% into the expected release of quarter results after the bell on February 11.

Super Micro (SMCI) February 14 weekly 37 straddle priced for movement of 19% into the expected release of quarter results after the bell on February 11.

Movers

Centrus Energy (LEU) 30-day option implied volatility is at 81; compared to its 52-week range of 48 to 113. Call put ratio 2 calls to put with a focus on March options.

Newell Brands (NWL) 30-day option implied volatility is at 53; compared to its 52-week range of 31 to 91 amid active option volume of March 6 puts and March 8 calls.

iShares Nasdaq Biotechnology (IBB) 30-day option implied volatility is at 20; compared to its 52-week range of 15 to 31 amid a spreader of 36K contracts of March 126 and March 127 puts.

e.l.f. Beauty, Inc. (ELF) 30-day option implied volatility is at 69; compared to its 52-week range of 44 to 101.Option volume of 104K contracts amid wide price movement.

Avantor (AVTR) 30-day option implied volatility is at 32; compared to its 52-week range of 20 to 51 with a focus on a spreader of March 19 and 20 puts.

Pliant Therapeutics Inc. (PLRX) 30-day option implied volatility is at 105; compared to its 52-week range of 56 to 118. Call put ratio 7.1 calls to 1 put with a focus on February 10 calls into pauses enrollment, dosing in BEACON-IPF Phase 2b trial.

Options with decreasing option implied volatility: DOCS SNAP AMDL PINS PTON SYM KD OSCR BILL AFRM
Increasing unusual option volume: AVTR IQV ULCC MUX IBB EIX EWC LTBR NWL IVZ MGNI
Increasing unusual call option volume: LTBR EIX MGNI EXPE AEP SLQT ODD MUX FMC NWL
Increasing unusual put option volume: MLCO UAA IBB NWL EWC BILL COR ANAB BDX BBAI SMTC FEZ
Popular stocks with increasing volume: PLTR SMCI UBER MSTR F SOFI RBLX ARM BAC PTON AVGO
Active options: NVDA TSLA PLTR AMD SMCI AMZN AAPL META UBER MSTR F SOFI GOOGL MSFT RBLX ARM BAC PTON GOOG AVGO
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $71.60, natural gas mixed, gold at $2929