Pre-Market IV Report May 22, 2025

Pre-Market IV Report May 22, 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: AGNC ACN FICO KURA CRWV NNOX DPST NVDY CLBR TNA BITO EVAV OCUL JEF KRE BHF TEVA THC NU QID RCL SLG SSO TBT AAPL BAC WFC MS PRU PNC PLD PARA NEE MS MET MAGS MA STWD XHB TXN OGN

Stocks expected to have increasing option volume: ADI WSM RL AAP SNOW ZM URBN T LUMN UNH ELV CI HUM CVS

Apple (AAPL) 30-day option implied volatility is at 31; compared to its 52-week range of 16 to 64. Call put ratio 1.3 calls to 1 put into Worldwide Developers Conference (WWDC) on June 9, 2025.

CoreWeave (CRWV) 30-day option implied volatility is at 137; compared to its 52-week range of 96 to 157. Call put ratio 1.5 calls to 1 put amid sharp rally.

Option IV for publicly traded companies in the crypto space as Bitcoin near record price of $109K

Bit Digital (BTBT) 30-day option implied volatility is at 93; compared to its 52-week range of 86 to 151. Call put ratio 7.2 calls to 1 put with a focus on November 3 calls as share price down 2%.

Bitfarms (BITF) 30-day option implied volatility is at 98; compared to its 52-week range of 69 to 133. Call put ratio 15.4 calls to 1 put with a focus on January 5 calls as share price down 2.6%.

Coinbase (COIN) 30-day option implied volatility is at 62; compared to its 52-week range of 57 to 100. Call put ratio 2.3 calls to 1 put as Bitcoin near record high.

Core Scientific (CORZ) 30-day option implied volatility is at 74; compared to its 52-week range of 61 to 127. Call put ratio 2.3 calls to 1 put as share price down 1.2%.

Mara Holdings (MARA) 30-day option implied volatility is at 79; compared to its 52-week range of 75 to 149. Call put ratio 2.9 calls to 1 put with focus on May 14 calls as share price down 1.1%.

Riot Platforms (RIOT) 30-day option implied volatility is at 84; compared to its 52-week range of 76 to 127. Call put ratio 4.6 calls to 1 put as Bitcoin trades above $108K.

Strategy (MSTR) 30-day option implied volatility is at 67; compared to its 52-week range of 64 to 222. Call put ratio 1.9 calls to 1 put as share price down 3.3%.

TeraWulf (WULF) 30-day option implied volatility is at 97; compared to its 52-week range of 93 to 157. Call put ratio 2.4 calls to 1 put with a focus on May 23 weekly 4.5 calls.

Straddle prices into quarter results

Intuit (INTU) May 23 weekly 660 straddle priced for movement of 7.5% into the expected release of quarter results today after the bell. Call put ratio 1.2 calls to 1 put.

Workday (WDAY) May 23 weekly 277.5 straddle priced for movement of 8.5% into the expected release of quarter results today after the bell.

Deckers Outdoor (DECK) May 23 weekly 123 straddle priced for movement of 12.5% into the expected release of quarter results today after the bell.

Ralph Lauren (RL) June 270 straddle priced for movement of 12% into the expected release of quarter results today before the bell.

Movers

Alphabet (GOOGL) 30-day option implied volatility is at 30; compared to its 52-week range of 21 to 58. Call put ratio 2.9 calls to 1 put with a focus on October 215 and December 185 calls.

Comerica (CMA) 30-day option implied volatility is at 32; compared to its 52-week range of 27 to 64 amid a spreader of September 67.50 and 72.50 calls.

The RealReal Inc. (REAL) 30-day option implied volatility is at 76; compared to its 52-week range of 60 to 130. Call put ratio 170 calls to 1 put with a focus on July 5, August 5 and August 7.5 calls.

Wolfspeed (WOLF) 30-day option implied volatility is at 455; compared to its 52-week range of 66 to 455. Call put ratio 1 call to 1.9 puts on 454K contracts.

Ishares U.S. Real Estate Etf (IYR) 30-day option implied volatility is at 20; compared to its 52-week range of 14 to 43 with a focus on spreader of June 88 and 91 puts.

Carrier Global (CARR) 30-day option implied volatility is at 26; compared to its 52-week range of 21 to 62 with a spreader focusing on June 65, June 72.50, September 65 and September 72.50 puts.

Option IV into CMS expands Medicare Advantage audit

UnitedHealth Group (UNH) 30-day option implied volatility is at 52; compared to its 52-week range of 17 to 75. Call put ratio 2.1 calls to 1 put.

Elevance Health (ELV) 30-day option implied volatility is at 32; compared to its 52-week range of 13 to 47. Call put ratio 1 call to 1 put.

Cigna Corp. (CI) 30-day option implied volatility is at 27; compared to its 52-week range of 17 to 45. Call put ratio 1 call to 1.2 puts.

Humana (HUM) 30-day option implied volatility is at 56; compared to its 52-week range of 24 to 95. Call put ratio 1 call to 2 puts on 11K contracts.

Options with decreasing option implied volatility: FL DOCS SMCX TSSI IGT SMCI ZIM TGT GDS CONY BILI CAVA PANW BEKE CSCO VOD BABA DE
Increasing unusual option volume: GOOS H HYLN CMA SLM XME WRBY AXL REAL ACDC CLNE NVDY QURE QXO SMLR
Increasing unusual call option volume: CMA NVDY GOOS REAL CLNE ARQQ AS URBN LAES SMLR FROG MLGO TEVA QURE
Increasing unusual put option volume: XME CARR NTNX URBN ABR WOLF BHF BAM
Popular stocks with increasing volume: MSTR PLTR CRWV UNH SMCI HOOD TGT PANW
Active options: NVDA TSLA GOOGL AAPL GOOG MSTR PLTR MARA AMD AMZN WOLF CRWV UNH SMCI HOOD META QBTS TGT CLSK PANW
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $61, natural gas mixed, gold at $3329