Pre-Market IV Report February 17, 2026

Pre-Market IV Report February 17, 2026

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: ASST PATH INFY VTRS ULTA ITRI HPP TDS CMLT GTX VISN SKYT EPD MDT SCI STRC

Stocks expected to have increasing option volume: UNH NCLH H WBD PSKY NFLX CMCSA SONY MDT LH LDOS PANW KVUE TRIP ZIM OTTR TRIP

Movement

UnitedHealth Group (UNH) 30-day option implied volatility is at 32; compared to its 52-week range of 26 to 75. Call put ratio 2.2 calls to 1 put.

Warner Bros Discovery (WBD) 30-day option implied volatility is at 35; compared to its 52-week range of 23 to 82. Call put ratio 1 call to 1 put into considering reopening sales talks with Paramount Skydance (PSKY) after receiving its most recent amended offer, Bloomberg reports.

Paramount Skydance (PSKY) 30-day option implied volatility is at 65; compared to its 52-week range of 44 to 97. Call put ratio 2.2 calls to 1 put.

Netflix (NFLX) 30-day option implied volatility is at 39; compared to its 52-week range of 25 to 71. Call put ratio 1.2 calls to 1 put.

Alibaba (BABA) 30-day option implied volatility is at 48; compared to its 52-week range of 31 to 73. Call put ratio 1.6 calls to 1 put unveils upgrade to AI model, Bloomberg says.

Market Vectors Oil Services ETF (OIH) 30-day option implied volatility is at 39; compared to its 52-week range of 27 to 70. Call put ratio 1 calls to 1 put as share price near upper end of range.

Pinterest (PINS) 30-day option implied volatility is at 52; compared to its 52-week range of 28 to 98. Call put ratio 1 calls to 1.1 puts amid wide price movement.

Aramark Services (ARMK) 30-day option implied volatility is at 26; compared to its 52-week range of 22 to 53 with a focus on spreader of 2500 contracts of March 35 and 37 puts.

Rivian Automotive (RIVN) 30-day option implied volatility is at 69; compared to its 52-week range of 46 to 101. Call put ratio 1.8 calls to 1 put on 642K contracts.

Upstart Holdings (UPST) 30-day option implied volatility is at 76; compared to its 52-week range of 60 to 147 with focus on a spreader of February 30 and 35 puts.

Cerro Dorado, Inc. (DCH) 30-day option implied volatility is at 63; compared to its 52-week range of 39 to 85 with a focus on a spreader of 18500 contracts of July 8 and 10 calls.

Straddle into quarter results and outlook

Palo Alto Networks (PANW) February 167.50 straddle priced for a move of 8.5%. Call put ratio 1.9 calls to 1.8 puts into the expected release of quarter results today after the bell.

Analog Devices (ADI) February 337 straddle priced for a move of 7%. Call put ratio 1.1 calls to 1 put into the expected release of quarter results before the bell on February 18.

Moody’s Corp. (MCO) February 425 straddle priced for a move of 7%. Call put ratio 1 call to 1.7 puts into the expected release of quarter results before the bell on February 18.

Carvana (CVNA) February 342.50 straddle priced for a move of 14%. Call put ratio 1.2 calls to 1 put into the expected release of quarter results after the bell on February 18.

Booking Holdings (BKNG) February 4140 straddle priced for a move of 8%. Call put ratio 1 call to 1.2 puts into the expected release of quarter results after the bell on February 18.

Dash (DASH) February straddle priced for a move of 12.5%. Call put ratio 1 calls to 1.2 puts into the expected release of quarter results after the bell on February 18.

Walmart (WMT) February 134 straddle priced for a move of 6.5%. Call put ratio 1 calls to 1.2 puts into the expected release of quarter results before the bell on February 19.

Options with decreasing option implied volatility: ETHU AGQ UPWK MNDY PGY KOLD SLV OGN LYFT HUBS ETH SIVR PINS DDOG GT APP CROX NET UPST UCO UNG BBIO DT OSCR BROS DXCM TSEM TWLO IRDM SHOP AAP TOST ZTS GFS AMTM ABNB SPOT BAX RACE TMUS MPS KVUE CSCO CVS BUD KHC
Increasing unusual option volume: DCH PAYC ENB YEXT CRSR VSAT FSLY
Increasing unusual call option volume: EGV DCH ENB VSAT UPS CVX BG CRSR
Increasing unusual put option volume: FROG GGAL STNE XPO LPTH CTSH PAYC FSLY
Popular stocks with increasing option volume: MSTR MU COIN RIVN HOOD NFLX INTC SNDK
Active options: NVDA TSLA AAPL AMZN PLTR MSTR MU MSFT COIN RIVN HOOD AMD META NFLX INTC GOOLG IREN GOOG MARA SNDK
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $63, natural gas down 4.8%, gold at $4942