Pre-Market IV Report November 25, 2025

Pre-Market IV Report November 25, 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: VOD UUP EA CEP CGEM TSLZ RARE VOD CCCX IEP RDNT DVAX EMB CNQ ACI NVRI CTAS HOLX TIP

Stocks expected to have increasing option volume: NVDA ZM DELL A ADSK BABA ADI SJM KSS ANF BURL DKS BBY APLD NTNX PD PONY BABA WOOF AMBA DE WDAY ZS LI

Movers

NVIDIA (NVDA) 30-day option implied volatility is at 43; compared to its 52-week range of 32 to 74. Call put ratio 1.8 calls to 1 put into share price trading lower before the bell.

Alphabet (GOOG) 30-day call option implied volatility is at 36; compared to its 52-week range of21 to 58. Call put ratio 1.6 calls to 1 put as share price trades at record high.

Micron Technology (MU) 30-day option implied volatility is at 73; compared to its 52-week range of 37 to 87. Call put ratio 1.6 calls to 1 put amid wide price movement.

Sandisk (SNDK) 30-day option implied volatility is at 109; compared to its 52-week range of 44 to 123. Call put ratio 2.4 calls to 1 put amid price movement.

Western Digital (WDC) 30-day option implied volatility is at 75; compared to its 52-week range of 33 to 93. Call put ratio 3.6 calls to 1 put amid price movement.

Market Vectors Semiconductor ETF (SMH) 30-day call option implied volatility is at 36; compared to its 52-week range of 26 to 66. Call put ratio 1 call to 1.7 puts amid wide price movement.

Novo Nordisk (NVO) 30-day option implied volatility is at 41; compared to its 52-week range of 28 to 70. Call put ratio 1.6 calls to 1 put.

Pfizer (PFE) 30-day option implied volatility is at 25; compared to its 52-week range of 18 to 50. Call put ratio 6.2 calls to 1 put with a focus on 35K contracts of December 25.50 calls.

Bristol-Myers Squibb (BMY) 30-day option implied volatility is at 37; compared to its 52-week range of 20 to 54. Call put ratio1.7 calls to 1 put.

Merck (MRK) 30-day option implied volatility is at 28; compared to its 52-week range of 20 to 55. Call put ratio 2.5 calls to 1 put as share price up 3.6%.

Carvana (CVNA) 30-day option implied volatility is at 64; compared to its 52-week range of 43 to 126. Call put ratio 1 call to 1 put as share price down 7.2%.

Teladoc (TDOC) 30-day option implied volatility is at 59; compared to its 52-week range of 51 to 101 with a focus on November 28 weekly 7.5 and December 7.5 calls.

argenx (ARGX) 30-day option implied volatility is at 34; compared to its 52-week range of 25 to 49 with a focus on 500 contracts of May 1100 calls.

Select Asset Inc Jc Penny Debenture 2007-1 Trust (JBS) 30-day option implied volatility is at 27; compared to its 52-week range of 22 to 52 with a focus on 15K contracts of March 15 calls as share price up 4.7%.

Nextracker (NXT) 30-day option implied volatility is at 66; compared to its 52-week range of 44 to 87 with a focus on 8K contracts of January 60 puts.

Enterprise Products Partners (EPD) 30-day option implied volatility is at 16; compared to its 52-week range of 14 to 43 with a focus on November 28 weekly 33 and 33.50 calls.

Straddle prices into quarter results

Deere & Co. (DE) November 28 weekly 487.50 straddle priced for a move of 4.5%. Call put ratio 1 call to 1.2 puts into the expected release of quarter results before the bell on November 26.

Li Auto Inc. (LI) November 28 weekly 18 straddle priced for a move of 7.5%. Call put ratio 1.1 calls to 1 put into the expected release of quarter results before the bell on November 26.

Options with decreasing option implied volatility: PACS ESTC GRRR CRNC GAP MESO WIX AS CCCX KLAR NVO ZIM TGT PZZA ROST PANW VEEV CPRTV TJX BIIB INTU WMT
Increasing unusual option volume: EWC AVTR TERN DENN STT DJX RDNT ELAN AMTM A FIP JBS
Increasing unusual call option volume: TERN STT ARES ELAN AMTM FIP JBS CRNX HLF NVRI
Increasing unusual put option volume: EWC DJX SLG CAPR STNG HUBS ANF URBN DLO WGS KVYO
Popular stocks with increasing volume: SOFI AVGO MSTR INTC BABA NFLX NVO ORCL
Active options: NVDA TSLA GOOGL AAPL AMD META PLTR AMZN SOFI AVGO MSFT MSTR INTC BABA OPEN NFLX IREN NVO ORCL GOOG
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $58.44, natural down 2%, gold at $4124