Pre-Market IV Report October 9, 2025

Pre-Market IV Report October 9, 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: BKSY POET SLDP AMDL NNE RGTI QBTS NB ARM USAR QUBT RXRX FIG ALAB AAOI UPST SG SKYT TTD BROS BHF LYFT AMD DUOL RDW ACHR AFRM COHR ANET EXPE ELF XYZ PATH TRIP CELH SHOP TOST TTWO Z PINS BILL SPOT DDOG TPR ABNB QCOM

Stocks expected to have increasing option volume: PEP DAL AAL UAL LUV ALGT JBLU JEF

Option IV for copper resource companies

Freeport-McMoran (FCX) 30-day option implied volatility is at 45; compared to its 52-week range of 32 to 83. Call put ratio 2.8 calls to 1 put with a focus on January 32 and March 35 puts as share price up.

Southern Copper Corp. (SCCO) 30-day option implied volatility is at 41; compared to its 52-week range of 29 to 73. Call put ratio 1.6 calls to 1 put.

BHP Group (BHP) 30-day option implied volatility is at 28; compared to its 52-week range of 22 to 51. Call put ratio 1 call to 2.6 puts on active option volume of 7K contracts.

Vale S.A. (VALE) 30-day option implied volatility is at 29; compared to its 52-week range of 20 to 51. Call put ratio 8 calls to 1 put with a focus on a spreader of December and January calls.

Quantum computing option IV

Rigetti Computing (RGTI) 30-day option implied volatility is at 154; compared to its 52-week range of 74 to 229 on active option volume of 366K contracts amid wide price movement.

IONQ Inc (IONQ) 30-day option implied volatility is at 119; compared to its 52-week range of 70 to 146. Call put ratio 1 calls to 1.8 puts on 109K contracts amid wide price movement.

D-Wave Quantum (QBTS) 30-day option implied volatility is at 143; compared to its 52-week range of 76 to 255. Call put ratio 1 call to 1.3 put on active option volume of 158K contracts amid wide price movement.

Quantum Computing Inc (QUBT) 30-day option implied volatility is at 132; compared to its 52-week range of 20 to 332. Call put ratio 1.6 calls to 1 put on active option volume of 198K contracts amid wide price movement.

Movers

Constellation Energy Group, Inc. (CEG) 30-day option implied volatility is at 55; compared to its 52-week range of 37 to 94. Call put ratio 1.8 calls to 1 put as share price up 3.8%.

Rapid7, Inc. (RPD) 30-day option implied volatility is at 60; compared to its 52-week range of 37 to 87. Call put ratio 7.4 calls to 1 put with a focus on 2K contracts of January 24 calls as share price up 3.2%.

FedEx (FDX) 30-day option implied volatility is at 30; compared to its 52-week range of 21 to 63. Call put ratio 1 call to 1.1 puts with a focus on October 10 weekly and October 31 weekly options.

C. H. Robinson Worldwide (CHRW) 30-day option implied volatility is at 29; compared to its 52-week range of 18 to 58. Call put ratio 1 call to 1.3 puts.

CAVA Group (CAVA) 30-day option implied volatility is at 62; compared to its 52-week range of 41 to 92. Call put ratio 4.4 calls to 1 put with a focus on October 10 weekly calls as share price near lower end of range.

American Axle (AXL) 30-day option implied volatility is at 56; compared to its 52-week range of 40 to 85 with a focus on 8500 contracts of July 4 puts.

John Wiley & Sons, Inc. (WLY) 30-day option implied volatility is at 34; compared to its 52-week range of 23 to 62. Call put ratio 1 call to 4.3 puts with a focus on spreaders of November and December puts as share price down 4.1%.

Apogee Therapeutics (APGE) 30-day option implied volatility is at 69; compared to its 52-week range of 53 to 233 with a focus on 2400 contracts of April 50 calls.

Immatics (IMTX) 30-day option implied volatility is at 103; compared to its 52-week range of 50 to 168 with a focus on a spreader of 8500 contracts of January 5 and 15 calls.

Straddle prices into quarter results

Levi Strauss (LEVI) October 25 straddle priced for a move of 12%. Call put ratio 1 call to 1.1 puts into the expected release of quarter results after the bell on October 9.

Options with decreasing option implied volatility: AEHR MLTX CMA STZ
Increasing unusual option volume: IE TMQ RVPH POET ARBE
Increasing unusual call option volume: RVPH POET IE COTY SLNO TMQ NPWR FBL ARBE
Increasing unusual put option volume: POET FE SPHR GLXY COMP MTUM SNDK EXEL
Popular stocks with increasing volume: INTC MSTR ORCL RKT SMCI SOFI PLTR CRWV
Active options: AMD NVDA TSLA AMZN BULL OPEN INTC POET AAPL MSTR ORCL RKT SMCI SOFI IREN PLTR ACHR RGTI META CRWV
Global S&P Futures mixed in premarket, Nikkei up 1.5%, DAX mixed, WTI Crude oil recently at $62.60, natural gas mixed, gold at $4058