Pre-Market IV Report February 6, 2026

Pre-Market IV Report February 6, 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: IGV QGEN KBWB XLP BGS STEX HTGC HTZ XNET ET GENI VWO ZSL ENTG CARR CX NDAQ DOCS SIRI HRB BSX ARLP GOSS PTEN UL GPRE JETS NVT DVA LXRX RSP EA NTRA VXUS ARES DNA JCI OWL FMC GOOS GWRE BYRN OCULAXTI TTWO TRX EQNR DFDV BTDR ERAS GSK KRMN FITB YOU KKR BUD SONY SATL NOW MOD LZ TPR RPRX SBIT BITX MSTZ BITU AVBP BITO MARA ETHA FBTC ARKB GBTC FETH

Stocks expected to have increasing option volume: AMZN FTNT MPWR RBLX STLA MCHP BE RDDT TEAM ILMN AFRM MOH PCTY DOCS PM BIIB CG CNC AN UAA UA BILL VRSN MSTR MSTU STLA SLV GDX GOLD HIMS

Software option IV amid wide price movement

Microsoft (MSFT) 30-day option implied volatility is at 32; compared to its 52-week range of 16 to 50 on active option volume of 1.1M contracts as share price trends lower.

Adobe Systems (ADBE) 30-day option implied volatility is at 47; compared to its 52-week range of 23 to 58. Call put ratio 1 call to 2.9 puts as share price trends lower.

Oracle (ORCL) 30-day option implied volatility is at 68; compared to its 52-week range of 28 to 70. Call put ratio 1 call to 2.8 puts as share price trends lower.

Workday (WDAY) 30-day option implied volatility is at 61; compared to its 52-week range of 24 to 61. Call put ratio 1 call to 2.1 puts amid wide price movement.

ServiceNow (NOW) 30-day option implied volatility is at 55; compared to its 52-week range of 27 to 76. Call put ratio 1 call to 2 puts amid wide price movement.

MongoDB (MDB) 30-day option implied volatility is at 93; compared to its 52-week range of 34 to 93. Call put ratio 1 call to 1.4 puts amid wide price movement.

Salesforce (CRM) 30-day option implied volatility is at 58; compared to its 52-week range of 25 to 58. Call put ratio 1 call to 1.8 puts amid wide price movement.

Straddle prices into quarter results

Apollo Global Management (APO) February 13 weekly straddle priced for a move of 5%. Call put ratio 1 call to 2.2 puts into the expected release of quarter results before the bell on February 9.

ON Semiconductor (ON) February 13 weekly straddle priced for a move of 7.5%. Call put ratio 1.6 calls to 1 put into the expected release of quarter results after the bell on February 9.

monday.com Ltd. (MNDY) February straddle priced for a move of 9.5%. Call put ratio 1 call to 1.5 puts into the expected release of quarter results before the bell on February 9.

Movers

Coinbase (COIN) 30-day option implied volatility is at 96; compared to its 52-week range of 49 to 100. Call put ratio 1.4 calls to 2.5 puts amid wide price movement.

BitMine Immersion Technologies (BMNR) 30-day option implied volatility is at 119; compared to its 52-week range of 86 to 160. Call put ratio 1 call to 1 put amid sharp sell off.

Intercontinental Exchange (ICE) 30-day option implied volatility is at 28; compared to its 52-week range of 16 to 41. Call put ratio 2.3 calls to 1 put with a focus on February 180 and March 150 calls.

Clear Secure, Inc. (YOU) 30-day option implied volatility is at 57; compared to its 52-week range of 34 to 78 with a focus on February 45 and March 35 calls.

Kodiak Gas Services (KGS) 30-day option implied volatility is at 40; compared to its 52-week range of 31 to 83 with a focus on a spreader of March 37.50, April 40 and July 40 puts.

Cummins (CMI) 30-day option implied volatility is at 32; compared to its 52-week range of 21 to 58. Call put ratio 1.9 calls to 1 put as share price down 11.3%.

WPP PLC (WPP) 30-day option implied volatility is at 49; compared to its 52-week range of 20 to 62 with a focus on 2K contracts of 2K contracts of August 17.50 calls.

Qiagen (QGEN) 30-day option implied volatility is at 57; compared to its 52-week range of 18 to 59 with a focus on a spreader of 2K contracts of May 55 and 65 calls.

Steve Madden (SHOO) 30-day option implied volatility is at 53; compared to its 52-week range of 31 to 82 with a focus on 5500 contracts of February 30 puts as share price down 10.6%.

Options with decreasing option implied volatility: DECK FMC SNAP UGL SYM COPX CHTR ALGN MTCH
Increasing unusual option volume: IGV QGEN KBWB XLP BGS STEX
Increasing unusual call option volume: BGS IGV STEX ET XNET JETS GENI HTZ
Increasing unusual put option volume: XLP HTZ NDAQ DFDV CARR RSP IGV
Popular stocks with increasing option volume: MU MSTR HOOD SMCI AVGO SOFI INTC ORCL NFLX FHN
Active options: NVDA TSLA AAPL PLTR AMD MSFT MU MSTR HOOD AMZN SMCI META IREN GOOGL AVGO SOFI INTC ORCL NFLX FHN
Global S&P Futures up in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $63.37, natural gas mixed, gold at $4905