Pre-Market IV Report May 23, 2025

Pre-Market IV Report May 23, 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: IONQ QBTS CRWV PTON ABR ACN SWTX AGNC NVTS GME RUN CLBR AISP GRRR ARVN BULL FIVN HTZ SJT GOGO COMP GILD DX XEL ELV SJT
Stocks expected to have increasing option volume: INTU ROST DECK BAH X

Movers into NVIDIA results next week

NVIDIA (NVDA) 30-day option implied volatility is at 50; compared to its 52-week range of 34 to 89. Call put ratio 2.3 calls to 1 put with a spreader of July 110 and 130 calls.

Rigetti Computing (RGTI) 30-day option implied volatility is at 124; compared to its 52-week range of 20 to 229. Call put ratio 3.5 calls to 1 put as share price up 24.4%.

D-Wave Quantum (QBTS) 30-day option implied volatility is at 171; compared to its 52-week range of 94 to 255. Call put ratio 2.1 calls to 1 put with a focus on May 23 weekly 24.50 calls as share price up 23%.

Quantum Computing Inc (QUBT) 30-day option implied volatility is at 139; compared to its 52-week range of 20 to 332. Call put ratio 3.7 calls to 1 put as share price up 14.7%.

IONQ Inc (IONQ) 30-day option implied volatility is at 144; compared to its 52-week range of 57 to 146. Call put ratio 1.2 calls to 1 put as share price up 37%.

U.S. Steel (X) 30-day option implied volatility is at 96; compared to its 52-week range of 33 to 116. Call put ratio 1.4 calls to 1 put amid headlines and share price up before the bell.

Solar stocks IV amid wide price movement

Canadian Solar (CSIQ) 30-day option implied volatility is at 70; compared to its 52-week range of 47 to 98. Call put ratio 3.9 calls to 1 put with a focus on October 12 calls.

Sunrun Inc (RUN) 30-day option implied volatility is at 111; compared to its 52-week range of 64 to 121. Call put ratio 2.3 calls to 1 put amid wide price movement.

First Solar Inc (FSLR) 30-day option implied volatility is at 59; compared to its 52-week range of 44 to 87. Call put ratio 1 call to 1.3 puts.

Enphase Energy Inc (ENPH) 30-day option implied volatility is at 74; compared to its 52-week range of 48 to 105.

SolarEdge Technologies Inc (SEDG) 30-day option implied volatility is at 103; compared to its 52-week range of 67 to 149. Call put ratio 1 call to 1.5 puts.

Movers

Compass (COMP) 30-day option implied volatility is at 65; compared to its 52-week range of 46 to 102 with a focus on 13K contracts of July 6 calls.

EnerSys (ENS) 30-day option implied volatility is at 32; compared to its 52-week range of 19 to 49 with a focus on June 90, 95 and 100 calls as share price down 12.2%.

Amkor Technology (AMKR) 30-day option implied volatility is at 42; compared to its 52-week range of 32 to 85 with a focus on 15K contracts of July 15 puts at 20c.

Par Pacific (PARR) 30-day option implied volatility is at 55; compared to its 52-week range of 24 to 94 with a focus on 10K contracts of June 20 calls.

Hilton (HLT) 30-day option implied volatility is at 25; compared to its 52-week range of 18 to 66 with a focus on a spreader of 12000 contracts of July 190 calls and 18500 September 240 calls.

Delek US Holdings (DK) 30-day option implied volatility is at 54; compared to its 52-week range of 21 to 96 with a focus on 13K contracts of June 20 calls.

Option IV into quarter results

Pinduoduo (PDD) May 30 weekly 120 straddle priced for movement of 9.5% into the expected release of quarter results before the bell on May 27. Call put ratio 3.9 calls to 1 put with a focus on October 140 and December 170 calls.

Options with decreasing option implied volatility: TSSI DOCS IGT UNH SNOW ZIM CAVA TGT ZM PANW VFC BILI KODK TTWO XP URBN XP FI VTRS WSM
Increasing unusual option volume: NVTS MGA CARR KNX AAP HPP HLT GOGO DK
Increasing unusual call option volume: MGA NVTS HLT HPP KNX DB MLGO DK GOGO
Increasing unusual put option volume: CARR AMKR AAP OKE NXT FANG OIH PPG ARRY WDAY
Popular stocks with increasing volume: PLTR MSTR GME CRWV UNH SNOW COIN SMCI
Active options: NVDA TSLA GOOGL AAPL PLTR MSTR GME AMZN QBTS CRWV RGTI MARA IONQ AMD UNH SNOW COIN SUN SMCI
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $61, natural gas up 1%, gold at $3327