Pre-Market IV Report November 21, 2025

Pre-Market IV Report November 21, 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: MSTY IEP ACN FDX NKE RNA EFA SPY SPX XSP SCHD

Stocks expected to have increasing option volume: ROST CPRT INTU ESTC GAP BJ VEEV BULL

Cryptocurrency-Related Stocks option IV as Bitcoin $82K

Microstrategy, Inc. (MSTR) 30-day option implied volatility is at 95; compared to its 52-week range of 44 to 222. Call put ratio 1.2 calls to 1 put into as Bitcoin $82K.

Coinbase (COIN) 30-day option implied volatility is at 73; compared to its 52-week range of 50 to 100. Call put ratio 1 call to 2.2 puts as Bitcoin trades $82K.

Robinhood (HOOD) 30-day option implied volatility is at 76; compared to its 52-week range of 56 to 120. Call put ratio 1 call to 1 put.

iShares Bitcoin Trust (IBIT) 30-day option implied volatility is at 56; compared to its 52-week range of 33 to 64. Call put ratio 2.3 calls to 1 put with focus on a spreader of December 31 weekly 54 and 57 puts.

Riot Platforms (RIOT) 30-day option implied volatility is at 98; compared to its 52-week range of 67 to 123. Call put ratio 4.1 calls to 1 put with a focus on short duration options.

MARA (MARA) 30-day option implied volatility is at 100; compared to its 52-week range of 58 to 149. Call put ratio 3.1 calls to 1 put with a focus on November calls 13 and 15 calls as share price down 5.2%.

BitMine Immersion Technologies (BMNR) 30-day option implied volatility is at 128; compared to its 52-week range of 98 to 160. Call put ratio 1.6 calls to 1 put with a focus on November 25 puts as share price down.

Grayscale Bitcoin Mini Trust (BTC) 30-day option implied volatility is at 53; compared to its 52-week range of 33 to 66. Call put ratio 4.2 calls to 1 put with a focus on December calls.

United States Oil Fund (USO) 30-day option implied volatility is at 31; compared to its 52-week range of 24 to 66. Call put ratio 1.3 calls to 1 put as WTI Crude oil recently at $58.

Movers

Oracle (ORCL) 30-day option implied volatility is at 70; compared to its 52-week range of 23 to 70. Call put ratio 1 call to 1.2 puts amid price movement.

Micron Technology (MU) 30-day option implied volatility is at 81; compared to its 52-week range of 37 to 87. Call put ratio 1 call to 1 put as share price down.

Sandisk (SNDK) 30-day option implied volatility is at 115; compared to its 52-week range of 44 to 123. Call put ratio 1 call to 1 put as share price down.

Western Digital (WDC) 30-day option implied volatility is at 78; compared to its 52-week range of 33 to 92 with a focus on spreader of December 180 and 220 calls as share price down.

Skyline Corporation (SKY) 30-day option implied volatility is at 45; compared to its 52-week range of 31 to 64 with a focus on December 80 calls.

Jacobs (J) 30-day option implied volatility is at 31; compared to its 52-week range of to 16 to 45. Call put ratio 2.1 calls to 1 put as share price down 10.9%.

ResMed (RMD) 30-day option implied volatility is at 29; compared to its 52-week range of 20 to 54 with a focus on spreader of 5530 contracts of January 230 and 3160 contracts of July 200 puts.

News Corp (NWSA) 30-day option implied volatility is at 28; compared to its 52-week range of 15 to 47 with a focus on 10K contracts of April 30 calls.

Steve Madden (SHOO) 30-day option implied volatility is at 50; compared to its 52-week range of 24 to 82 with a focus on a spreader of November 40, December 40 and December 45 calls.

SharkNinja (SN) 30-day option implied volatility is at 47; compared to its 52-week range of 33 to 102 with a spreader of 2500 contracts of December 92.50 and 100 calls.

Bath & Body Works, Inc. (BBWI) 30-day option implied volatility is at 59; compared to its 52-week range of 32 to 74. Call put ratio 1 call to 2.8 puts.

Straddle prices into quarter results

Agilent Technologies (A) December 145 straddle priced for a move of 9%. Call put ratio 2.3 calls to 1 put into the expected release of quarter results after the bell on November 24.

Zoom (ZM) November 28 weekly 78 straddle priced for a move of 10%. Call put ratio 2.7 calls to 1 put into the expected release of quarter results after the bell on November 24.

Options with decreasing option implied volatility: PACS STUB SRRK WIX GRRR VNET AS EVLV TGT NU NOK TCOM MDT TJX EA
Increasing unusual option volume: NICE ICLN LRN HUBS TEL CWAN AMGN VZLA AGIO
Increasing unusual call option volume: AGIO VZLA AMGN CWAN ROST CDZI SHOO MODG GTES MAT AMTM ABVX
Increasing unusual put option volume: NICE LRN WIX HUBS MOH WEN CG K EWC AREC SHLS
Popular stocks with increasing volume: MSTR SOFI NFLX HOOD MU SMCI WMT INTC
Active options: NVDA TSLA PLTR AAPL AMD GOOGL MSTR META AMZN SOFI NFLX GOOG HOOD MU SMCI MSFT WMT IREN INTC MARA
Global S&P Futures mixed in premarket, Nikkei down 2.4%, DAX mixed, WTI Crude oil recently at $58, natural up 1.5%, gold at $4057