Pre-Market IV Report May 13, 2025

Pre-Market IV Report May 13, 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: CAPR ADBE PRTA WRD SATS EBS AEVA BHVN RDFN ITUB ADBE WBA SKX

Stocks expected to have increasing option volume: SMR ACHR SPG ZI RGTI NU JD ONON OKLO SLAB BOOT XAXO CRWV UAA UA HTZ VG COIN

Option IV decreases

SPDR S&P 500 ETF Trust (SPY) 30-day option implied volatility is at 16; compared to its 52-week range of 10 to 43. Call put ratio 1 call to 1.1 puts after U.S., China agree to reduce tariffs for initial period of 90 days.

PowerShares QQQ Trust (QQQ) 30-day option implied volatility is at 19; compared to its 52-week range of 14 to 47. Call put ratio 1 call to 1.2 puts after U.S., China agree to reduce tariffs for initial period of 90 days.

Russell 2000 Index (RUT) 30-day option implied volatility is at 20; compared to its 52-week range of 16 to 48. Call put ratio 1 call to 1.1 puts after U.S., China agree to reduce tariffs for initial period of 90 days.

ARK Innovation ETF (ARKK) 30-day option implied volatility is at 39; compared to its 52-week range of 27 to 83. Call put ratio 1.5 calls to 1 put after U.S., China agree to reduce tariffs for initial period of 90 days.

Straddle prices into quarter results

Cisco (CSCO) May 62 straddle priced for movement of 4.5% into the expected release of quarter results after the bell on May 14.

CoreWeave (CRWV) May 58 straddle priced for movement of 16% into the expected release of quarter results after the bell on May 14. Call put ratio 2.5 calls to 1 put.

Movers

NRG Energy (NRG) 30-day option implied volatility is at 45; compared to its 52-week range of 33 to 76 amid a focus on May 145 calls and June 130 puts as share price up 24%.

Fulgent Genetics, Inc. (FLGT) 30-day option implied volatility is at 41; compared to its 52-week range of 26 to 68 amid active 6600 contracts of October 30 calls.

Marriott (MAR) 30-day option implied volatility is at 23; compared to its 52-week range of 17 to 69 with a focus on June 250 puts as share price up 5.2%.

Dole plc (DOLE) 30-day option implied volatility is at 30; compared to its 52-week range of 17 to 69 with a focus on May 15 calls, June 15 calls and August 15 puts.

Cigna Corp. (CI) 30-day option implied volatility is at 24; compared to its 52-week range of 16 to 45 with a focus on May 205 puts, June 350 puts and May 330 calls as share price down 5.6%.

NextDecade (NEXT) 30-day option implied volatility is at 59; compared to its 52-week range of 48 to 116. Call put ratio 1 call to 4 puts with a focus on June 7 puts as share price up 2.5%.

Janus Henderson Group plc (JHG) 30-day option implied volatility is at 32; compared to its 52-week range of 17 to 66 with a focus on 2900 contracts of June 40 calls as share price up 6.6%.

Tencent Music (TME) 30-day option implied volatility is at 60; compared to its 52-week range of 34 to 78. Call put ratio 1 call to 1.4 puts as share price up 2%.

Options with decreasing option implied volatility: APP TMDX INOD ROOT BILL UPST CRMD AAOI PTON BROS SMCX FSLY TTD
Increasing unusual option volume: BBD IQV KNX NICE PHG XLB
Increasing unusual call option volume: NICE BBD MAT SATS ZI XLB COMM
Increasing unusual put option volume: NXT INDA XLB TMC UAA FLNC
Popular stocks with increasing volume: SOFI MSTR INTC HOOD SMCI BAC HIMS BABA
Active options: NVDA TSLA AMZN AAPL META PLTR AMD SOFI MSTR MSFT INTC GOOGL HOOD MARA SOUN SMCI BAC HIMS BABA GOOG
Global S&P Futures mixed in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $62.40, natural gas mixed, gold at $3250