Pre-Market IV Report July 9, 2025

Pre-Market IV Report July 9, 2025

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: SMMT UPST PLCE SYM GRPN ELF BROS KODK TGTX TTD U LYFT CRMD XYZ TOST RKT CDE NET FTNT TTWO WBA CPNG DIS IEP DASH DDOG EXPE SHOP U ZEPP SBET CYBN KODK FICO NUS TIGR FL WBA LW UTHR TAP IEP FXC

Stocks expected to have increasing option volume: SPY QQQ RUT IWM DAL UAL AAL LUV JBLU DDOG JNPR MBLY VRNA MRK MRNA PFE JNJ LLY

China option IV

Alibaba (BABA) 30-day option implied volatility is at 35; compared to its 52-week range of 27 to 73. Call put ratio 2.3 calls to 1 put.

JD.com (JD) 30-day option implied volatility is at 36; compared to its 52-week range of 34 to 80. Call put ratio 4.8 calls to 1 put.

Pinduoduo (PDD) 30-day option implied volatility is at 35; compared to its 52-week range of 31 to 76. Call put ratio 3.5 calls to 1 put with a focus on August 22 weekly 110 calls.

Db X-trackers Harvest Csi 300 China A – Shares Fund (ASHR) 30-day option implied volatility is at 19; compared to its 52-week range of 14 to 84. Call put ratio 15.3 calls to 1 put with a focus on January calls as share price up 1%.

KraneShares CSI China Internet ETF (KWEB) 30-day option implied volatility is at 29; compared to its 52-week range of 25 to 76. Call put ratio 6 calls to 1 put with a focus on July calls as share price up 2%.

GraniteShares 2x Long BABA Daily ETF (BABX) 30-day option implied volatility is at 76; compared to its 52-week range of 50 to 159. Call put ratio 4.4 calls to 1 put.

iShares China Large-Cap (FXI) 30-day option implied volatility is at 23 compared to its 52-week range of 20 to 62. Call put ratio 1.8 calls to 1 put.

iShares MSCI China ETF (MCHI) 30-day option implied volatility is at 23; compared to its 52-week range of 19 to 62. Call put ratio 1 call to 1.2 puts.

UP Fintech Holding Limited (TIGR) 30-day option implied volatility is at 69; compared to its 52-week range of 36 to 214. Call put ratio 2.3 calls to 1 put.

Direxion Daily Ftse China Bear 3x Shares (YANG) 30-day option implied volatility is at 69; compared to its 52-week range of 62 to 194.

Option IV as copper near upper end of range

Freeport-McMoran (FCX) 30-day option implied volatility is at 42; compared to its 52-week range of 32 to 83. Call put ratio 2.4 calls to 1 put.

Southern Copper Corp. (SCCO) 30-day option implied volatility is at 35; compared to its 52-week range of 29 to 73. Call put ratio 4 calls to 1 put.

Vale S.A. (VALE) 30-day option implied volatility is at 32; compared to its 52-week range of 20 to 51. Call put ratio 1 call to 1.7 puts.

BHP Billiton Ltd. (BHP) 30-day option implied volatility is at 27; compared to its 52-week range of 23 to 51.

Rio Tinto plc (RIO) 30-day option implied volatility is at 24; compared to its 52-week range of 20 to 47. Call put ratio 1.9 calls to 1 put.

Bank option IV

First Horizon National (FHN) 30-day option implied volatility is at 34 compared to its 52-week range of 24 to 70. Call put ratio 36 calls to 1 put with a focus on August 23 calls.

Citizens Financial Group (CFG) 30-day option implied volatility is at 31; compared to its 52-week range of 23 to 69.

SPDR S&P Regional Banking ETF (KRE) 30-day option implied volatility is at 28; compared to its 52-week range of 24 to 61.

Movers

Verona Pharma plc (VRNA) 30-day option implied volatility is at 63; compared to its 52-week range of 49 to 101. Call put ratio 1 call to 3.7 puts into FT reports Merck near deal.

General Dynamics (GD) 30-day option implied volatility is at 21; compared to its 52-week range of 14 to 45. Call put ratio 2.9 calls to 1 put with a focus on July 11 weekly calls.

Southwest Gas (SWX) 30-day option implied volatility is at 21; compared to its 52-week range of 18 to 48 as share price up 2.6%.

Devon Energy (DVN) 30-day option implied volatility is at 37; compared to its 52-week range of 23 to 79. Call put ratio 6.8 calls to 1 put with a focus on July 11 weekly 35 and July 25 weekly 38 calls.

BWX Technologies (BWXT) 30-day option implied volatility is at 34; compared to its 52-week range of 19 to 60. Call put ratio 8.9 calls to 1 put.

Shake Shack (SHAK) 30-day option implied volatility is at 54; compared to its 52-week range of 31 to 96. Call put ratio 1.1 calls to 1 put.

ODP Corporation (ODP) 30-day option implied volatility is at 68; compared to its 52-week range of 30 to 100 with focus on 5K contracts of July 21 calls.

Cellebrite DI Ltd. (CLBT) 30-day option implied volatility is at 46; compared to its 52-week range of 31 to 81. Call put ratio 1 call to 5.3 puts with a focus on 1K contracts of July 15 puts.

Ascendis Pharma (ASND) 30-day option implied volatility is at 43; compared to its 52-week range of 27 to 111 with a focus on 1K contracts of September 150 puts.

Lamb Weston (LW) 30-day option implied volatility is at 45; compared to its 52-week range of 26 to 69. Call put ratio 2.9 calls to 1 put.

Straddle prices into quarter results

Delta (DAL) July 50 weekly straddle priced for movement of 8% into the expected release of quarter results before the bell on July 10. Call put ratio 1.6 calls to 1 put.

Conagra (CAG) July 11 weekly 20.50 straddle priced for movement of 5% into the expected release of quarter results before the bell on July 10.

Levi Strauss (LEVI) July straddle 20 priced for movement of 10% into the expected release of quarter results after the bell on July 10.

Options with decreasing option implied volatility: STZ CORZ
Increasing unusual option volume: MUB AMCR HBM BTBT AMPX FOUR CPER CNC QS LW
Increasing unusual call option volume: HBM AMCR BTBT AMPX FOUR CNC WWW AVAV
Increasing unusual put option volume: NGD BKSY KEY BTBT NWL QS AEHR
Popular stocks with increasing volume: SOFI INTC HOOD AMD PLTR MRNA QS MSTR ORCL
Active options: TSLA NVDA SOFI AMZN AAPL INTC HOOD AMD SOUN PLTR CORZ WOLF GOOGL MRNA QS MSTR BBAI ORCL META IREN
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $68.80, natural gas down 1%, gold at $3292