Pre-Market IV Report September 26, 2025

Pre-Market IV Report September 26, 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: SMMT MSTZ LQDA BULL FLNC EXK LTBR MSTY DECK INSM DXCM IBM FCX FI NFLX GM HON PPTA PTON MP GPRK ETHA MSTR SGML STUB INSM SOC INTW ZVRA AMPY MSTZ

Stocks expected to have increasing option volume: CCL MTN KMX RH WSM W

Movers

Oracle (ORCL) 30-day option implied volatility is at 56; compared to its 52-week range of 22 to 66. Call put ratio 1.4 calls to 1 put with a focus on October 31 weekly 225 puts.

Strategy (MSTR) 30-day option implied volatility is at 66; compared to its 52-week range of 44 to 220. Call put ratio 1.1 calls to 1 put with a focus on September 26 weekly 355 calls and 360 puts.

BitMine Immersion Technologies (BMNR) 30-day option implied volatility is at 118; compared to its 52-week range of 102 to 160. Call put ratio 2.2 calls to 1 put with a focus on September 26 weekly 55 and 56 calls.

IBM (IBM) 30-day option implied volatility is at 41; compared to its 52-week range of 18 to 60. Call put ratio 3.6 calls to 1 put with a focus on October 300 calls as share price up 4.9%.

Centrus Energy (LEU) 30-day option implied volatility is at 100; compared to its 52-week range of 62 to 113. Call put ratio 2.3 calls to 1 put as share price up 9.6%.

BHP Group (BHP) 30-day option implied volatility is at 28; compared to its 52-week range of 22 to 51. Call put ratio 6.1 calls to 1 put with a focus on 5400 contracts of October 60 calls as share price up 3.1%.

Sigma Lithium Corp (SGML) 30-day option implied volatility is at 99; compared to its 52-week range of 60 to 113 with a focus on 7900 contracts of April 10 calls as share price up 9.2%.

CarMax (KMX) 30-day option implied volatility is at 47; compared to its 52-week range of 26 to 70. Call put ratio 1.3 calls to 1 put as share price down 20% after quarter results and outlook.

Concentrix Corporation (CNXC) 30-day option implied volatility is at 66; compared to its 52-week range of 35 to 90. Call put ratio 1 call to 2.6 puts as share price down 2.4%.

PepGen (PEPG) 30-day option implied volatility is at 162; compared to its 52-week range of 30 to 323. Call put ratio 1.6 calls to 1 put as share price up 114%.

ADT Corp. (ADT) 30-day option implied volatility is at 30; compared to its 52-week range of 17 to 58. Call put ratio 9.9 calls to 1 put with a focus on 9500 contracts of February 10 calls.

Furniture, kitchen cabinets, bathroom vanity retailer’s option IV amid Trump tariff headlines

RH (RH) 30-day option implied volatility is at 61; compared to its 52-week range of 36 to 130. Call put ratio 1 call to 2.6 puts amid Trump tariff headlines.

Wayfair (W) 30-day option implied volatility is at 63; compared to its 52-week range of 50 to 140. Call put ratio 1.4 calls to 1 put amid Trump tariff headlines.

Williams-Sonoma (WSM) 30-day option implied volatility is at 40; compared to its 52-week range of 33 to 79. Call put ratio 1 call to 2.5 puts amid Trump tariff headlines.

Ethan Allen Interiors Inc. (ETD) 30-day option implied volatility is at 30; compared to its 52-week range of 20 to 61. Call put ratio 1.8 calls to 1 put amid Trump tariff headlines.

Arhaus, Inc (ARHS) 30-day option implied volatility is at 52; compared to its 52-week range of 38 to 105. Call put ratio 4.5 calls to 1 put amid Trump tariff headlines.

Straddle prices into quarter results

Carnival Corporation (CCL) October 3 weekly 30.50 straddle priced for a move of 7.5%. Call put ratio 2 calls to 1 put into the expected release of quarter results before the bell on September 29.

Vail Resorts (MTN) October 145 straddle priced for a move of 10%. Call put ratio 1 call to 1 put into the expected release of quarter results after the bell on September 29.

Options with decreasing option implied volatility: VOR CAPR FDX ACN MU LEN
Increasing unusual option volume: ADT EWC XLB LAC K IE JHX K QURE
Increasing unusual call option volume: XLB ADT LAC IE JHX ZVRA SFIX QURE DEFT LAES
Increasing unusual put option volume: K EWC XLB LAC RIG QURE NTR SNDK VNET KMX
Popular stocks with increasing volume: INTC PLTR CRWV MSTR AMD ORCL FCX NIO HOOD JD
Active options: NVDA TSLA INTC OPEN PLTR AAPL AMZN CRWV MSTR AMD ORCL FCX NIO HOOD MARA CIFR RIG JD META IREN
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $65.10, natural gas mixed, gold at $3782