Pre-Market IV Report February 3, 2025

Pre-Market IV Report February 3, 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: MNKD RCAT NVDA ZETA PLCE CORZ CRDO SNOW CAPR ZI AMBA AI WBA DELL PENN ZM

Stocks expected to have increasing option volume: GOOGL GOOG AMD PLTR NXPI TSN TEM KD MRK PEP NIO LI AA IBM HBAN

Option IV into share prices lower before the bell

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 14; compared to its 52-week range of 10 to 29. Call put ratio 1 call to 1.2 puts into lower share price before the bell.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 19; compared to its 52-week range of 14 to 37. Call put ratio 1 call to 1.2 puts into lower share price before the bell.

Straddle prices into quarter results

Palantir (PLTR) February 7 weekly 82 straddle priced for movement of 15% into the expected release of quarter results today after the bell.

Alphabet (GOOGL) February 7 weekly 205 straddle priced for movement of 6.5% into the expected release of quarter results after the bell on February 4.

Merck (MRK) February 7 weekly 99 straddle priced for movement of 4.5% into the expected release of quarter results before the bell on February 4.

Pfizer (PFE) February 7 weekly 26.50 straddle priced for movement of 4% into the expected release of quarter results before the bell on February 4.

Amgen (AMGN) February 7 weekly 285 straddle priced for movement of 4% into the expected release of quarter results after the bell on February 4.

Pepsico (PEP) February 7 weekly 150 straddle priced for movement of 3% the expected release of quarter results before the bell on February 4.

Spotify (SPOT) February 7 weekly 247.50 straddle priced for movement of 12% into the expected release of quarter results before the bell on February 4.

Advanced Micro Devices (AMD) February 7 weekly 116 straddle priced for movement of 8.5% into the expected release of quarter results after the bell on February 4.

PayPal (PYPL) February 7 weekly 89 straddle priced for movement of 8.5% into the expected release of quarter results before the bell on February 4.

IBM (IBM) 30-day option implied volatility is at 25; compared to its 52-week range of 15 to 39 into hosting an investor day on February 4.

Huntington Bancshares (HBAN) 30-day option implied volatility is at 25; compared to its 52-week range of 19 to 71 into hosting an investor day on February 6.

Option movers

Atlassian (TEAM) 30-day option implied volatility is at 41; compared to its 52-week range of 28 to 69. 65K option contracts trade compared to 90-day average of 5K contracts with a focus on February 280, 290 and 360 calls.

Electronic Arts (EA) 30-day option implied volatility is at 32; compared to its 52-week range of 16 to 36. Call put ratio 10.5 calls to 1 put with a focus on February 130 and 135 calls.

iShares Gold Trust (IAU) 30-day option implied volatility is at 15; compared to its 52-week range of 10 to 23 with a focus on spreader of February 57, March 58 and April 60 calls.

Cipher Mining (CIFR) 30-day option implied volatility is at 113; compared to its 52-week range of 89 to 150 on active option volume of 96K contracts compared to its 90-day average of 13K contracts.

Melco Resorts & Entertainment (MLCO) 30-day option implied volatility is at 62; compared to its 52-week range of 42 to 75 with a focus on 7500 contracts of February 7 weekly 6 puts.

Options with decreasing option implied volatility: LC NNE TEAM NXT VFC DT FLG DECK PARA INTC CHTR SBUX META
Increasing unusual option volume: EWC EDR DECK EIX BEN EA MBI PII
Increasing unusual call option volume: HLF IAU JBLU MPLX HOG BITO WES DECK BEN
Increasing unusual put option volume: EDR EWC MLCO OWL IP OII DECK CIFR PAA CAH DFS
Popular stocks with increasing volume: PLTR INTC SMCI AVGO MSTR BABA RGTI SOFI WBA COIN JBLU
Active options: NVDA TSLA AAPL PLTR MSFT INTC META AMD SMCI AMZN AVGO MSTR GOOGL BABA RGTI SOFI WBA COIN MARA JBLU
Global S&P Futures lower in premarket, Nikkei down 2.5%, DAX down 2%, WTI Crude oil recently at $74, natural gas up 7%, gold at $2829