Pre-Market IV Report March 21, 2025

Pre-Market IV Report March 21, 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: MU NKE FDX LEN CCL OUST NIO CONY JWN SUNS ALGM SHCO SNDX ASGN AVTR BAH IT JNPR

Stocks expected to have increasing option volume: NIO MU FDX CCL OUST

Microsoft (MSFT) 30-day option implied volatility is at 24; compared to its 52-week range of 16 to 35. Call put ratio 1 call to 1 put.

Straddle price into quarter results

Carnival (CCL) March 21 straddle priced for movement of 7.5% into the expected release of quarter results today.

KB Home (KBH) April 60 straddle priced for movement of 12% into the expected release of quarter results after the bell on March 24. Call put ratio 1 call to 8.9 puts.

Movement of UPS, RCL, NCLH

UPS (UPS) 30-day option implied volatility is at 24; compared to its 52-week range of 18 to 37. Call put ratio 1 call to 3.1 puts with a focus on March 130 and 135 puts into FedEx (FDX) results.

Royal Caribbean (RCL) 30-day option implied volatility is at 44; compared to its 52-week range of 27 to 54. Call put ratio 1.1 calls to 1 put into Carnival (CCL) quarter results.

Norwegian Cruise Line (NCLH) 30-day option implied volatility is at 49; compared to its 52-week range of 34 to 65. Call put ratio 1.6 calls to 1 put with a focus on March 20 calls into Carnival (CCL) quarter results.

Movers

American Eagle Outfitters (AEO) 30-day option implied volatility is at 47; compared to its 52-week range of 32 to 69 with a focus on April 10 and 11 puts.

CAVA Group (CAVA) 30-day option implied volatility is at 57; compared to its 52-week range of 41 to 88. Call put ratio 3.3 calls to 1 put with a focus on March 85 and 86 calls as share price up 4.9%.

Allegro MicroSystems, Inc. (ALGM) 30-day option implied volatility is at 58; compared to its 52-week range of 35 to 83 amid a spreader of March 27.50 calls, March 30 calls and April 30 calls.

Microchip Technology (MCHP) 30-day option implied volatility is at 45; compared to its 52-week range of 26 to 58. Call put ratio 1 call to 1.2 puts as share price down 5%.

Stellantis (STLA) 30-day option implied volatility is at 45; compared to its 52-week range of 24 to 252. Call put ratio 2 calls to 1 put as share price down 3.2%.

Sysco Corp. (SYY) 30-day option implied volatility is at 21; compared to its 52-week range of 12 to 61 with a focus on 1K contracts of March 72.50 puts purchased for $1.65.

Bloom Energy Corp. (BE) 30-day option implied volatility is at 75; compared to its 52-week range of 51 to 277. Call put ratio 3.5 calls to 1 put with a focus on July 25 calls as share price up 6.4%.

DraftKings (DKNG) 30-day option implied volatility is at 48; compared to its 52-week range of 35 to 68. Call put ratio 11.4 calls to 1 put with a focus on a spreader of June 50 and August 52.50 calls.

Options with decreasing option implied volatility: RBRK DOCU SWTX FIVE SIG STNE GDS SMTC
Increasing unusual option volume: ZH FNKO XNET VSCO HTZ CBRE
Increasing unusual call option volume: XNET CBRE ZH VSCO EWC ALGM
Increasing unusual put option volume: BTG HTZ INFY VITL AEO APD FIVE
Popular stocks with increasing volume: MU PLTR MSTR BABA NIO INTC PDD HOOD AVGO SMCI SNAP NKE
Active options: NVDA TSLA MU META AAPL AMZN PLTR MSTR AMD BABA NIO INTC PDD HOOD AVGO SMCI SNAP NKE
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $68, natural gas down 1%, gold at $3035