Pre-Market IV Report January 23, 2026

Pre-Market IV Report January 23, 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: IBRX BOIL KOLD INOD NVAX FSLY CVNA UNG GTLB IEP DASH RGC PANL UNF PAYO CCCX IEP GTLP EYPT TSEM LMND IRDM CORT UNCY OLMA ALDX ARRY GME GPK ALT EBC EWZ SAN

Stocks expected to have increasing option volume: INTC AMD COF ALK ISRG SLB BAH AA DIS BABA

Movement

iShares Silver Trust (SLV) 30-day option implied volatility is at 70; compared to its 52-week range of 22 to 84. Call put ratio 1.2 calls to 1 put as share price up 2% before the bell.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 47; compared to its 52-week range of 29 to 50. Call put ratio 1.6 calls to 1 put as gold trades $4929.

Sandisk (SNDK) 30-day option implied volatility is at 108; compared to its 52-week range of 44 to 123. Call put ratio 1 call to 1 put on active option volume of 162K contracts amid wide price movement.

Western Digital (WDC) 30-day option implied volatility is at 85; compared to its 52-week range of 33 to 93. Call put ratio 2.2 calls to 1 put on active option volume of 40K contracts amid wide price movement.

Micron Technology (MU) 30-day option implied volatility is at 64; compared to its 52-week range of 38 to 87. Call put ratio 1.2 calls to 1 put on active option volume of 510K contracts amid wide price movement.

EQT Corp. (EQT) 30-day option implied volatility is at 37; compared to its 52-week range of 31 to 71. Call put ratio 2.6 calls to 1 put with a focus on February 54 puts.

Range Resources (RRC) 30-day option implied volatility is at 35; compared to its 52-week range of 31 to 72 amid natural gas price movement.

Coterra Energy (CTRA) 30-day option implied volatility is at 30; compared to its 52-week range of 22 to 56. Call put ratio 2.9 calls to 1 put with a focus on February 28 calls.

Enphase Energy (ENPH) 30-day option implied volatility is at 77; compared to its 52-week range of 53 to 105. Call put ratio 2.5 calls to 1 put with a focus on February 43 calls as share price up 12.7%.

Amer Sports (AS) 30-day option implied volatility is at 42; compared to its 52-week range of 37 to 90 with a focus on February 37.50, February 42.50 and March 40 calls as share price up 1.4%.

UniFirst Corp (UNF) 30-day option implied volatility is at 57; compared to its 52-week range of 25 to 59 with the focus on a spreader of February 170 and 190 puts.

Helix Energy Solutions Group (HLX) 30-day option implied volatility is at 55; compared to its 52-week range of 37 to 75 with the focus 9K contracts of June 10 calls.

MAXIMUS (MMS) 30-day option implied volatility is at 33; compared to its 52-week range of 22 to 46 with a focus on 2500 contracts of February 105 calls.

Booz Allen Hamilton (BAH) 30-day option implied volatility is at 47; compared to its 52-week range of 29 to 62. Call put ratio 1 call to 12.3 puts with a focus on a spreader of 2500 contracts of February 80 and 90 puts into quarter results.

Alaska Air Group (ALK) February calls option implied volatility is at 56, March is at 50; compared to its 52-week range of 32 to 89. Call put ratio 1.1 calls to 1 put into quarter results.

lululemon athletica (LULU) 30-day option implied volatility is at 38; compared to its 52-week range of 29 to 76. Call put ratio 1.4 calls to 1 put amid headlines.

Straddle price into quarter results

Nucor (NUE) February 180 straddle priced for a move of 8%. Call put ratio 2.2 call to 1 put into the expected release of quarter results after the bell on January 26.

UnitedHealth Group (UNH) January 30 weekly 355 straddle priced for a move of 7%. Call put ratio 1.6 calls to 1 put into the expected release of quarter results before the bell on January 27.

Options with decreasing option implied volatility: CAPR RILY CWAN NUVB SLNO TGTX NFLX UAL MMM INFY YPF RF DHI ZION ALLY SCHW USB PNC BLK
Increasing unusual option volume: MRAM ARBE NWL INSP TAL CABA RSI IBRX SATL CALY USAS FIVN CDZI
Increasing unusual call option volume: NWL ARBE MRAM PG IGV CALY CABA RSI SATL USAS
Increasing unusual put option volume: FIVN IBRX BAH CRVS ABT SAP HSBC BRR KBE
Popular stocks with increasing option volume: INTC AMD BABA MU PLTR MSTR ORCL SOFI AVGO SMR
Active options: TSLA NVDA NFLX META INTC AMD AMZN BABA AAPL MU PLTR GME MSFT MSTR GOOGL ORCL SOFI SMCI AVGO SMR
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $60.29, natural gas mixed, gold at $4928