Pre-Market IV Report February 21, 2025

Pre-Market IV Report February 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: SMST CADL QBTS GDS SIG AXON CONY FDX NKE ACN CADL DNB PCVX WWW LNTH GME TRMD FLG DBX HAE IMMR VALE TXRH

Stocks expected to have increasing option volume: BKNG MELI XYZ SFM AKAM RIVN TXRH FND DBX GKOS FIVN RNG BIRK LYV SVV RXT CELH NU REAL RNG

Movers

Alibaba (BABA) 30-day option implied volatility is at 51; compared to its 52-week range of 27 to 62. Call put ratio 2.3 calls to 1 put on 1.3M contracts compared to 90-day average of 192K contracts as share price up 9%.

Palantir (PLTR) 30-day option implied volatility is at 67; compared to its 52-week range of 36 to 87 on 2.8M contracts.

AppLovin (APP) 30-day option implied volatility is at 75; compared to its 52-week range of 38 to 100. Call put ratio 1 call to 1.3 puts with a focus on February 430 calls.

Hims & Hers Health, Inc. (HIMS) 30-day option implied volatility is at 129; compared to its 52-week range of 47 to 146. Call put ratio 1 call to 1.2 puts on 198K contracts.

Sealed Air (SEE) 30-day option implied volatility is at 39; compared to its 52-week range of 22 to 52 with a focus on 2100 contracts of March 35 calls.

Valley National Bancorp (VLY) 30-day option implied volatility is at 33; compared to its 52-week range of 28 to 103 with a focus on 10K March 10 puts.

Edgewise Therapeutics Inc. (EWTX) 30-day option implied volatility is at 161; compared to its 52-week range of 55 to 227 amid a spreader of 3K contracts of March 12.50 puts trading at $1 against 3K contracts of April 22 puts purchased at $4.10.

Beacon (BECN) 30-day option implied volatility is at 25; compared to its 52-week range of 20 to 79 amid a spreader of June 95 puts against June 115 puts.

Ownes & Minor (OMI) 30-day option implied volatility is at 90; compared to its 52-week range of 35 to 98 with a focus on March 7, 9 and 10 puts.

Straddle prices into quarter results

Zoom (ZM) February 28 weekly 83 straddle priced for movement of 11% into the expected release of quarter results after the bell on February 24. Call put ratio 6.4 calls to 1 put with a focus on May 92.50 calls.

Hims & Hers (HIMS) February 28 weekly 66 straddle priced for movement of 20% into the expected release of quarter results after the bell on February 24.

Tempus AI (TEM) February 28 weekly 77 straddle priced for movement of 21% into the expected release of quarter results after the bell on February 24.

Domino’s Pizza (DPZ) February 28 weekly 470 straddle priced for movement of 7.5% into the expected release of quarter results before the bell on February 24.

M&A bankers stocks option IV amid headlines

Lazard Ltd. (LAZ) 30-day option implied volatility is at 33; compared to its 52-week range of 21 to 131.

Evercore (EVR) 30-day option implied volatility is at 31; compared to its 52-week range of 20 to 46.

Moelis & Company (MC) 30-day option implied volatility is at 32; compared to its 52-week range of 22 to 44. Call put ratio 113 calls to 1 put.

Options with decreasing option implied volatility: FSLY ENVX BROS PGY ROKU PCOR RDDT
Increasing unusual option volume: HLF GOGO SWTX DBX SABR BP
Increasing unusual call option volume: GOGO HLF BP TXRH SWTX DBRG
Increasing unusual put option volume: BDX DBX NXE IVZ NXE HLF GXO BMBL
Popular options: BABA SMCI INTC WMT MSTR HOOD SOFI RIVN CVNA COIN
Active options: PLTR NVDA BABA TSLA SMCI AAPL INTC MSFT AMZN AMD WMT META MSTR U HOOD SOFI RIVN CVNA GOOGL COIN

Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $71.80, natural gas up 3%, gold at $2948