Pre-Market IV 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 lookport May 29, 2025

Pre-Market IV Rreasing option implied volatility: LTBR DJT GME HOLO MU CDNS FDX PARA AMGN NKE CONY JNPR FL SOC JOBY MP U CODI QURE CDNS TEM AEHR NVCR CELH PALL OKE AMGN OLO REGN ABBV X NVS EWJ WBA

Stocks expected to have increasing option volume: NVDA AVGO SMCI DELL CRM COST A HPQ BURL BBWI FL SNPS VEEV NTNX PSTG S ELF VFS ZS ULTA LI HRL BBY AMBA AEO CBRL PD KSS

Option IV into Court ruling on tariffs

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 37; compared to its 52-week range of 27 to 66. Call put ratio 1 call to 2.2 puts into Court ruling on tariffs.

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 16; compared to its 52-week range of 10 to 43. Call put ratio 1 call to 1 put into Court ruling on tariffs.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 20; compared to its 52-week range of 14 to 47. Call put ratio 1 call to 1 put into Court ruling on tariffs.

Russell 2000 Index (RUT) 30-day option implied volatility is at 22; compared to its 52-week range of 17 to 48. Call put ratio 1 call to 1.3 puts into Court ruling on tariffs.

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 40; compared to its 52-week range of 27 to 83. Call put ratio 1 call to 2.8 put into Court ruling on tariffs.

NVDIDIA (NVDA) May 30 weekly call option implied volatility is at 117, June is at 51; compared to its 52-week range of 34 to 89 into share price up before the bell. Call put ratio 1.3 calls to 1 put with a focus on May 30 weekly calls.

Option IV into quarter results

Costco (COST) May 30 weekly 1012.50 straddle priced for movement of 3.5% into the expected release of quarter results today after the bell.

Dell (DELL) May 30 weekly 114 straddle priced for movement of 9% into the expected release of quarter results today after the bell.

Marvell Technology (MRVL) May 30 weekly 65 straddle priced for movement of 11.5% into the expected release of quarter results today after the bell.

Zscaler (ZS) May 30 weekly 252.50 straddle priced for movement of 7.5% into the expected release of quarter results today after the bell.

Ulta Beauty (ULTA) May 30 weekly 417.5 straddle priced for movement of 7% into the expected release of quarter results today after the bell.

Gap (GAP) May 30 weekly 28 straddle priced for movement of 14% into the expected release of quarter results today after the bell. Call put ratio 1.3 calls to 1 put.

Ambarella (AMBA) May 30 weekly 62straddle priced for movement of 14% into the expected release of quarter results today after the bell.

American Eagle (AEO) May 30 weekly 11 straddle priced for movement of 11% into the expected release of quarter results today after the bell. Call put ratio 1 call to 3.3 puts into quarter results.

Pager Duty (PD) June 15 straddle priced for movement of 14% into the expected release of quarter results today after the bell. Call put ratio 1 call to 3.5 puts with a focus on June 15 puts.

Shoe Carnival (SCVL) June 20 straddle priced for movement of 15% into the expected release of quarter results before the bell on May 30.

Movers

Unity Software Inc. (U) 30-day option implied volatility is at 77; compared to its 52-week range of 46 to 122. Call put ratio 9.3 calls to 1 put with a focus on June 30 calls.

Joby Aviation (JOBY) 30-day option implied volatility is at 81; compared to its 52-week range of 48 to 114. Call put ratio 7.1 calls to 1 put with a focus on 3K contracts of June 9 weekly calls.

Spero Therapeutics (SPRO) 30-day option implied volatility is at 188; compared to its 52-week range of 20 to 105. Call put ratio 4.8 calls to 1 put with a focus on June and July 2.5 calls.

Annaly Capital Management (NLY) 30-day option implied volatility is at 22; compared to its 52-week range of 13 to 44. Call put ratio 52 calls to 1 put with a focus on May 30 weekly 19.50 and June 6 weekly 19.50 calls.

Caesars Entertainment (CZR) 30-day option implied volatility is at 48; compared to its 52-week range of 36 to 87. Call put ratio 1 call to 9.5 puts with a focus on 16600 contracts of July 22 puts.

Wendy’s (WEN) 30-day option implied volatility is at 35; compared to its 52-week range of 20 to 53. Call put ratio 1 call to 13 puts with a focus on 13600 of July 10 puts.

Morningstar (MORN) 30-day option implied volatility is at 21; compared to its 52-week range of 18 to 38 into the expected release of quarter results on July 22.

Options with decreasing option implied volatility: X VNET AAP ANF DECK OKTA VFC SNOW TGT SMTC WSM WDAY M ZM URBN PANW INTU BJ BIDU
Increasing unusual option volume: ETHA NVTS BOX WRD HYLN MUB EWY RCKT JOBY RRC
Increasing unusual call option volume: NVTS ETHA EWY KBE JOBY CONY RRC ANF RCKT GT SNDX
Increasing unusual put option volume: WEN EH SNY S IAU SOC JOBY OKTA RRC IBN FIVN BBWI ANF CPRT HBAN USAR
Popular stocks with increasing volume: U AMC UNH TEM CRWV PDD ANF PFE
Active options: NVDA TSLA GME AAPL U AMC PLTR MSTR MARA AMZN UNH GOOGL META TEM CRWV AMD GOOG PDD ANF PFE
Global S&P Futures up in premarket, Nikkei up 1.8%, DAX mixed, WTI Crude oil recently at $62.50, natural gas mixed, gold at $3278