Pre-Market IV Report November 20, 2025

Pre-Market IV Report November 20, 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: MSTX IEP DJT ACN FDX WBD NKE STRC LAZ FINV COLD VIPS BAM RNA AMCR YEXT VIPS

Stocks expected to have increasing option volume: NVDA PANW NTES ROST BJ GAP INTU WMT ROST GAP BJ EXAS

NVIDIA (NVDA) November call option implied volatility is at 123, December is at 54; compared to its 52-week range of 32 to 75. Call put ratio 1.8 calls to 1 put into sees $500B in Blackwell, Ruben revenue through 2026.

Quantum stocks option IV into NVIDIA (NVDA) sees $500B in Blackwell, Ruben revenue through 2026

Rigetti Computing (RGTI) 30-day option implied volatility is at 112; compared to its 52-week range of 74 to 229. Call put ratio 1.1 calls to 1 put.

D-Wave Quantum (QBTS) 30-day option implied volatility is at 108; compared to its 52-week range of 76 to 255. Call put ratio 1 call to 1.4 puts.

IONQ Inc (IONQ) 30-day option implied volatility is at 97; compared to its 52-week range of 70 to 146. Call put ratio 1.1 calls to 1 put into NVIDIA (NVDA) sees $500B in Blackwell, Ruben revenue through 2026.

Straddle prices into quarter results

Ross Stores (ROST) November 160 straddle priced for a move of 7.5%. Call put ratio 1 call to 1.5 puts into the expected release of quarter results after the bell on November 20.

GAP (GAP) November 24 straddle priced for a move of 13.5%. Call put ratio 1.1 calls to 1 put into the expected release of quarter results after the bell on November 20.

BJ’s Wholesale Club (BJ) November straddle priced for a move of 8.5%. Call put ratio 2.7 calls to 1 put into the expected release of quarter results before the bell on November 21.

Movers

Exact Sciences (EXAS) 30-day option implied volatility is at 43; compared to its 52-week range of 39 to 76. Call put ratio 6.1 calls to 1 put with a focus on November calls.

Amer Sports (AS) 30-day option implied volatility is at 50; compared to its 52-week range of 37 to 90. Call put ratio 4.4 calls to 1 put with a focus on November 32.50 calls as share price up 9.3%.

Arbor Realty Trust (ABR) 30-day option implied volatility is at 37; compared to its 52-week range of 24 to 68 with a focus on 16K contracts of November 9 calls.

Synopsys (SNPS) 30-day option implied volatility is at 60; compared to its 52-week range of 29 to 68 with a focus on a spreader of 7K contracts of April 500 and 550 calls.

Agios Pharma (AGIO) 30-day option implied volatility is at 106; compared to its 52-week range of 43 to 236. Call put ratio 1 call to 1.2 puts with a focus on January 22.50 puts and January 45 calls.

Global Payments (GPN) 30-day option implied volatility is at 42; compared to its 52-week range of 25 to 66 with a focus on 24K contracts of January 60 puts.

Sigma Lithium Corp (SGML) 30-day option implied volatility is at 147; compared to its 52-week range of 60 to 147. Call put ratio 1.7 calls to 1 put with a focus on 10K contracts of April 6 puts as share price up 33%.

Options with decreasing option implied volatility: DLO STUB SSYS DFDV EVLV KLAR AS WIX TGT BILI DIS XP NU JBS PDD TCOM CSCO MDT TJX
Increasing unusual option volume: CWH AMTM TOI ALLT AGIO EXAS OPRA NUVB
Increasing unusual call option volume: CWH AMTM TOI EXAS CNP PAGS CDZI GTES VLO
Increasing unusual put option volume: LRN GPN NICE SYF EQNR IEF IRM WSM FE SGML NOK LEN
Popular stocks with increasing volume: MSTR NFLX MU HOOD SOFI COIN INTC BA
Active options: NVDA TSLA GOOGL AMZN AMD GOOG PLTR MSTR AAPL META NFLX MU MSFT HOOD SOFI COIN MARA INTC CRCL BA
Global S&P Futures mixed in premarket, Nikkei up 2.5%, DAX mixed to up, WTI Crude oil recently at $60, natural gas mixed, gold at $4060