Pre-Market IV Report March 3, 2025

Pre-Market IV Report March 3, 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: RH EDR TSLY TSLQ ALDX CONY MNKD ORGO SGRY DUST IEP MOD DNUT UHS THC VET PARA FEZ QYLD

Stocks expected to have increasing option volume: OKTA SMR CRWD AZO TGT FLUT ROSS ONON BBY NIO BOX JWN MRVL ZS EWC EWW CPRI

Option IV amid trade and tariff headlines

iShares China Large-Cap (FXI) 30-day option implied volatility is at 33; compared to its 52-week range of 20 to 62. Call put ratio 1.1 calls to 1 put on 218K amid trade and tariff headlines.

Db X-trackers Harvest Csi 300 China A – Shares Fund (ASHR) 30-day option implied volatility is at 26; compared to its 52-week range of 14 to 84. Call put ratio 1.6 calls to 1 put on 46K contracts amid trade and tariff headlines.

KraneShares CSI China Internet ETF (KWEB) 30-day option implied volatility is at 45; compared to its 52-week range of 25 to 68. Call put ratio 1 call to 1 put on 349K amid trade and tariff headlines.

Ishares Msci Canada Etf (EWC) 30-day option implied volatility is at 16; compared to its 52-week range of 11 to 59. Call put ratio 1 call to 3.6 put amid trade and tariff headlines.

Ishares Msci Mexico Capped Etf (EWW) 30-day option implied volatility is at 23; compared to its 52-week range of 18 to 64. Call put ratio 1 call to 1.2 puts amid trade and tariff headlines.

Option IV amid Bitcoin movement, $91K

Strategy (MSTR) 30-day option implied volatility is at 86; compared to its 52-week range of 70 to 220. Call put ratio 1.7 calls to 1 put as Bitcoin at $91K.

Coinbase (COIN) 30-day option implied volatility is at 66; compared to its 52-week range of 60 to 103. Call put ratio 2 calls to 1 put as Bitcoin at $91K.

Straddle prices into quarter results

CrowdStrike (CRWD) March 7 weekly 390 straddle priced for movement of 9% into the expected release of quarter results after the bell on March 4.

AutoZone (AZO) March 7 weekly 3445 straddle priced for movement of 6% into the expected release of quarter results before the bell on March 4. Call put ratio 1 call to 4.1 puts.

Target (TGT) March 7 weekly 125 straddle priced for movement of 9% into the expected release of quarter results before the bell on March 4. Call put ratio 1.1 calls to 1 put.

Flutter (FLUT) March 280 straddle priced for movement of 8% into the expected release of quarter results after the bell on March 4.

On Holdings (ONON) March 7 weekly 48.50 straddle priced for movement of 12% into the expected release of quarter results before the bell on March 4. Call put ratio 2.5 calls to 1 put.

Best Buy (BBY) March 7 weekly 90 straddle priced for movement of 9% into the expected release of quarter results before the bell on March 4.

Movers

Capri Holdings Limited (CPRI) 30-day option implied volatility is at 57; compared to its 52-week range of 21 to 415. Call put ratio 2.4 calls to 1 put on 33K contracts compared to 90-day average of 8K into share price up before the bell.

Booz Allen Hamilton (BAH) 30-day option implied volatility is at 45; compared to its 52-week range of 18 to 46. Call put ratio 1 call to 1.5 puts.

American Eagle Outfitters (AEO) 30-day option implied volatility is at 63; compared to its 52-week range of 32 to 65 with a focus on 35K contracts of March 7 weekly calls.

AES Corp (AES) 30-day option implied volatility is at 45; compared to its 52-week range of 28 to 86. Call put ratio 3.5 calls to 1 put with focus on March 12 calls as share price up 11.6%.

EchoStar Corp. (SATS) 30-day option implied volatility is at 61; compared to its 52-week range of 48 to 113 with a focus on 7700 contracts of March 35 calls.

Pure Storage, Inc. (PSTG) 30-day option implied volatility is at 46; compared to its 52-week range of 33 to 105. Call put ratio 1 call to 3 puts with a focus on May 60 calls.

NexGen Energy Ltd. (NXE) 30-day option implied volatility is at 61; compared to its 52-week range of 42 to 108 with a focus on May 7 calls and November 4 puts.

Options with decreasing option implied volatility: SMST CONY AAOI SMCI HIMS HNST MGNI ZETA BYON ROOT TMDX ZI DNA
Increasing unusual option volume: DV PRGO INFY ACHC GES ALHC RSI NEXT
Increasing unusual call option volume: NEXT INFY RDNT ACHC ALHC RSI FE
Increasing unusual put option volume: NXE FEZ TAN BMBL NICE NTAP VSCO ESTC A HSBC NXT PSTG
Popular options: MSTR SMCI INTC BABA AVGO BAC HOOD TSM COIN
Active options: NVDA TSLA PLTR AAPL MSTR SMCI AMZN AMD META INTC MARA GOOGL BABA MSFT AVGO BAC HOOD SOUN TSM COIN
Global S&P Futures mixed to higher in premarket, Nikkei up 1.5%, DAX mixed, WTI Crude oil recently at $69.30, natural gas mixed, gold at $2876