Pre-Market IV Report January 20, 2026

Pre-Market IV Report January 20, 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: OCUL IBRX VTRS SVM WRD VZLA APP FSLY TTD HBAN LYFT TWLO ILMN RF VISN DKNG EXPE ANET AKAM TMUS BUD AEP DBRG VOR CTMX VTRS MLCO ABEO EILMN NEWT EXPI ACHV LQDA BCYC VZLA LAR AXL DAVA SENS TK LILAK FIGS FIVN PERI SIL MAS AIOT ANET WEAT BCRX BLDR BDOP SFIX TRU NXT OPRA RVMD BKU

Stocks expected to have increasing option volume: SLV GDX GOLD AA SCCO FCX STT MTB RF PNC USB OLKO JHBT PBR RGR SWBI STUB GSK RPT

Movement into USA equity lower before the bell as interest rates, silver, gold, natural gas bid up

iShares Silver Trust (SLV) 30-day option implied volatility is at 78; compared to its 52-week range of 22 to 84. Call put ratio 1.1 calls to 1 put amid wide price movement.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 43; compared to its 52-week range of 29 to 50. Call put ratio 3.9 calls to 1 put amid wide price movement.

Southern Copper Corp. (SCCO) 30-day option implied volatility is at 44; compared to its 52-week range of 29 to 73. Call put ratio 2.2 calls to 1 put amid wide price movement.

Freeport-McMoran (FCX) 30-day option implied volatility is at 43; compared to its 52-week range of 32 to 83. Call put ratio 2.5 calls to 1 put amid wide price movement.

ExxonMobil (XOM) 30-day option implied volatility is at 24; compared to its 52-week range of 18 to 53. Call put ratio 1.5 calls to 1 put amid wide price movement.

Chevron (CVX) 30-day option implied volatility is at 23; compared to its 52-week range of 18 to 58. Call put ratio 1.9 calls to 1 put amid wide price movement.

United States Natural Gas (UNG) 30-day option implied volatility is at 60; compared to its 52-week range of 48. Call put ratio 2.3 calls to 1 put amid wide price movement.

United States Oil Fund (USO) 30-day option implied volatility is at 38; compared to its 52-week range of 24 to 65. Call put ratio 1.3 calls to 1 put amid WTI crude oil at $59.57.

Pinduoduo (PDD) 30-day option implied volatility is at 33; compared to its 52-week range of 26 to 77. Call put ratio 1 call to 1.1 puts amid wide price movement.

Reddit (RDDT) 30-day option implied volatility is at 81; compared to its 52-week range of 56 to 128. Call put ratio 1.3 calls to 1 put amid wide price movement.

Market Vectors Semiconductor ETF (SMH) 30-day option implied volatility is at 33; compared to its 52-week range of 26 to 66. Call put ratio 1 call to 1.6 puts with a focus as share price.

Bank of Ireland (IRE) 30-day option implied volatility is at 197 with a focus on January 11 calls.

Straddle price into quarter results

Netflix (NFLX) January 23 weekly 88 straddle priced for a move of 8%. Call put ratio 2 call to 1 put into the expected release of quarter results today after the bell.

Charles Schwab (SCHW) January 23 weekly 104 straddle priced for a move of 5%. Call put ratio 1.2 calls to 1 put into the expected release of quarter results before the bell on January 21.

Johnson & Johnson (JNJ) January 23 weekly straddle priced for a move of 3.5%. Call put ratio 2.2 calls to 1 put into the expected release of quarter results before the bell on January 21.

Options with decreasing option implied volatility: CODI ABVX BHVN CWAN DFTX TGTX ADMA FIVE INSM BLK
Increasing unusual option volume: WOLF CX IRE IBRX IREX CSGP BRZE IMAX
Increasing unusual call option volume: CX IBRX EWJ CSGP BRZE QNCX URNM PNC
Increasing unusual put option volume: WOLF FE IBRX DLR FAST OCUL FIGR
Popular stocks with increasing option volume: MSTR AMD INTC SMCI HOOD ASTS NFLX RKLB
Active options: TSLA NVDA PLTR MU AAPL MSTR AMD INTC SMCI AMZN META HOOD IREN ASTS GOOGL ONDS NFLX MSFT RIOT RKLB
Global S&P Futures lower in premarket, Nikkei down 1%, DAX down 1%, WTI Crude oil recently at $59.50, natural gas up 21%, gold at $4783