Pre-Market IV Report February 28, 2025

Pre-Market IV Report February 28, 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: PLCE RILY PLCE TSLL TECL MSTY CDE RH TZA UPRO VTI XLP KO SCHD CAVA MSTY APLS GEL LNW

Stocks expected to have increasing option volume: DELL NTAP SOUN HPQ ADSK RDFN OPEN BE CLOV ACHR MOS MNST RKLB RUN DLO EIX

NVDIA (NVDA) February 28 weekly call option implied volatility is at 95, March is at 63; compared to its 52-week range of 34 to 89. Call put ratio 1.3 calls to 1 put with a focus on February 28 weekly calls.

Broadcom (AVGO) 30-day option implied volatility is at 60; compared to its 52-week range of 31 to 66 into expected quarter results on March 6. Call put ratio 1 call to 1 put.

Straddle prices into quarter results

Okta (OKTA) March 7 weekly 90 straddle priced for movement of 13% into the expected release of quarter results after the bell on March 3.

NuScale (SMR) March 7 weekly 16.5 straddle priced for movement of 20% into the expected release of quarter results after the bell on March 3. Call put ratio 2.6 calls to 1 put.

CrowdStrike (CRWD) March 7 weekly 380 straddle priced for movement of 11% into the expected release of quarter results after the bell on March 4.

AutoZone (AZO) March 7 weekly 3445 straddle priced for movement of 6% into the expected release of quarter results before the bell on March 4. Call put ratio 1 call to 4.1 puts.

Target (TGT) March 7 weekly 122 straddle priced for movement of 10% into the expected release of quarter results before the bell on March 4. Call put ratio 1.1 calls to 1 put.

Movers

Strategy (MSTR) 30-day option implied volatility is at 89; compared to its 52-week range of 70 to 220. Call put ratio 1.8 calls to 1 put.

Coinbase (COIN) 30-day option implied volatility is at 69; compared to its 52-week range of 60 to 103. Call put ratio 3.3 calls to 1 put.

Nordstrom (JWN) 30-day option implied volatility is at 7; compared to its 52-week range of 5 to 68 on 27K contracts into the expected release of quarter results on March 4.

Nutanix (NTNX) 30-day option implied volatility is at 36; compared to its 52-week range of 28 to 86. Call put ratio 1.5 calls to 1 put on 27K contracts as share price up 11%.

Teleflex (TFX) 30-day option implied volatility is at 38; compared to its 52-week range of 23 to 38. Call put ratio 3.7 calls to 1 put as share price down 22%.

Talos Energy (TALO) 30-day option implied volatility is at 39; compared to its 52-week range of 27 to 67 with a focus on 2K contracts of October 7.5 calls.

Montrose Environmental (MEG) 30-day option implied volatility is at 82; compared to its 52-week range of 41 to 103 with a focus on January 40 calls as share price up 33%.

Lumentum Holdings (LITE) 30-day option implied volatility is at 60; compared to its 52-week range of 36 to 95 with a focus on spreader of 6K contracts of March 77.50 and 87.50 calls.

Establishment Labs Holdings (ESTA) 30-day option implied volatility is at 72; compared to its 52-week range of 51 to 136 with a focus on 4800 contracts of March 40 calls.

Options with decreasing option implied volatility: CONY AAOI SMST ZETA BYON CADL SG AXON LMND ZI MGNI ROOT HNST AKAM
Increasing unusual option volume: DV SRE FEZ ALDX COMM ATEC LZ CVI VTRS PAYO
Increasing unusual call option volume: VTRS SRE LZ CNX SABR ATEC NICE ERJ COMM SEAT
Increasing unusual put option volume: FEZ AKAM MNST GXO NTNX EWC BBWI AMBA EWG ESTC EBAY
Popular options: SMCI PLTR MSTR NIO INTC COIN HOOD TSM BABA
Active options: NVDA TSLA SMCI PLTR AAPL AMZN AMD MSTR NIO GOOGL MARA META MSFT INTC COIN HOOD TSM BABA LCID
Global S&P Futures mixed to higher in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $69.60, natural gas mixed, gold at $2872