Pre-Market IV Report January 26, 2026

Pre-Market IV Report January 26, 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 NVAX INOD UNG AAP IRDM IEP W CVNA GTLB BHC CELH UGL GLD UUP PAYO OCUL SATL ALT QURE DFDV AAP SEI MANU VZLA UCO CALY ASND CWH CWAN AR TNC

Stocks expected to have increasing option volume: SLV GDX UNH STLD NUE UNH BA GM TXN AAL INTC

Option IV amid silver above $109, gold above $5080

iShares Silver Trust (SLV) 30-day option implied volatility is at 76; compared to its 52-week range of 22 to 84. Call put ratio 1.3 calls to 1 put on 2.8M contracts into silver up 7.5% before the bell.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 48; compared to its 52-week range of 29 to 50. Call put ratio 1 call to 2.3 puts as gold above $5080 before the bell.

United States Natural Gas (UNG) 30-day option implied volatility is at 83; compared to its 52-week range of 48 to 84. Call put ratio 1.2 calls to 1 put as natural gas up 17.5% before the bell.

Sandisk (SNDK) 30-day option implied volatility is at 106; compared to its 52-week range of 44 to 123. Call put ratio 1 call to 1 put into quarter results on January 30.

Western Digital (WDC) 30-day option implied volatility is at 84; compared to its 52-week range of 33 to 93. Call put ratio 1.5 calls to 1 put into quarter results on January 29.

Micron Technology (MU) 30-day option implied volatility is at 65; compared to its 52-week range of 38 to 87. Call put ratio 1.3 calls to 1 put on active option volume of 755K contracts amid wide price movement.

Straddle price into quarter results

UnitedHealth Group (UNH) January 30 weekly 355 straddle priced for a move of 7.5%. Call put ratio 1.3 calls to 1 put into the expected release of quarter results before the bell on January 27.

Boeing (BA) January 30 weekly 252.50 straddle priced for a move of 5%. Call put ratio 1.6 calls to 1 put into the expected release of quarter results before the bell on January 27.

General Motors (GM) January 30 weekly 80 straddle priced for a move of 7%. Call put ratio 2 call to 1 put into the expected release of quarter results before the bell on January 27.

American Airlines (AAL) January 30 weekly 15.50 straddle priced for a move of 7.5%. Call put ratio 1 call to 2 puts into the expected release of quarter results before the bell on January 27.

Structure Therapeutics (GPCR) 30-day option implied volatility is at 79; compared to its 52-week range of 58 to 320. Call put ratio 4.8 calls to 1 put as share price near record high.

Sarepta Therapeutics Inc. (SRPT) 30-day option implied volatility is at 77, compared to its 52-week range of 36 to 163. Call put ratio 1.7 calls to 1 put into presenting three-year results from its EMBARK study of ELEVIDYS gene therapy on Jan. 26, 2026.

Life360 (LIF) 30-day option implied volatility is at 60, compared to its 52-week range of 33 to 72. Call put ratio 4.1 calls to 1 put

Rezolute Inc. (RZLT) 30-day option implied volatility is at 134, compared to its 52-week range of 42 to 302 with a focus on February 5 calls.

COMPASS Pathways plc (CMPS) 30-day option implied volatility is at 105, compared to its 52-week range of 71 to 287 with a focus on 3K contracts of March 8 calls.

Lam Research (LRCX) 30-day option implied volatility is at 60, compared to its 52-week range of 32 to 86. Call put ratio 1 call to 2.6 puts with a focus on a spreader of 40K contracts of March 170 and 200 puts.

Molson Coors Brewing (TAP) 30-day option implied volatility is at 32, compared to its 52-week range of 21 to 42 with a focus on a spreader of February 45 and 47.50 puts.

Options with decreasing option implied volatility: CAPR NUVB SLNO OMER NFLX TGTX CWAN
Increasing unusual option volume: ECH TAP AXL SATL TRIP PTEN GORO
Increasing unusual call option volume: AXL URNM SATL GORO XRX ARBE IGV ZSL
Increasing unusual put option volume: TAP TRIP PBF IBRX EWJ OCUL WEN XIFR
Popular stocks with increasing option volume: INTC MU PLTR MSTR AVGO HOOD ORCL
Active options: INTC NVDA AMD MSFT NFLX AAPL META AMZN MU PLTR MSTR AVGO IREN SMCI GOOGL HOOD GME MARA ORCL
Global S&P Futures mixed in premarket, Nikkei down 1.5%, DAX mixed, WTI Crude oil recently at $60.93, natural gas up 17.5%, gold at $5080