Pre-Market IV Report September 30, 2025

Pre-Market IV Report September 30, 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: VOR LAC MNMD SOC ACB ETSY TDOC FSLY SNAP RBLX INTC FTAI ALGN PYPL EL UPS F BUD

Stocks expected to have increasing option volume: NKE SKX UAA LULU DKS FL MTN LW PAYX FLY

Movers amid government shutdown headlines

Tesla (TSLA) 30-day option implied volatility is at 63; compared to its 52-week range of 44 to 105. Call put ratio 1.6 calls to 1 put amid recent rally into EV and September sales headlines.

Intel (INTC) 30-day option implied volatility is at 72; compared to its 52-week range of 38 to 93. Call put ratio 2.9 calls to 1 put amid recent rally.

Robinhood (HOOD) 30-day option implied volatility is at 67; compared to its 52-week range of 54 to 120. Call put ratio 1.5 calls to 1 put amid rally.

EchoStar Corp. (SATS) 30-day option implied volatility is at 48; compared to its 52-week range of 48 to 163. Call put ratio 1.6 calls to 1 put amid spectrum headlines.

Shopify (SHOP) 30-day option implied volatility is at 50; compared to its 52-week range of 33 to 105. Call put ratio 4.2 calls to 1 put with a focus on October 3 weekly calls.

Etsy (ETSY) 30-day option implied volatility is at 73; compared to its 52-week range of 37 to 79. Call put ratio 2 calls to 1 put with a focus on October options.

Lam Research (LRCX) 30-day option implied volatility is at 46; compared to its 52-week range of 32 to 85. Call put ratio 2 calls to 1 put with a focus on October 125 calls as share price up 2.5%.

MoonLake Immunotherapeutics (MLTX) 30-day option implied volatility is at 198; compared to its 52-week range of 40 to 243. Call put ratio 3.9 calls to 1 put with a focus on October 80 calls as share price down 90%.

Newsmax (NMAX) 30-day option implied volatility is at 82; compared to its 52-week range of 66 to 273. Call put ratio 1 call to 3.8 puts with a focus on October 10 puts as share price down 2.9%.

Hudbay Minerals (HBM) 30-day option implied volatility is at 56; compared to its 52-week range of 27 to 82 with a focus on 4700 contracts of October 17.50 calls as share price up 8.1%.

Cytokinetics (CYTK) 30-day option implied volatility is at 53; compared to its 52-week range of 46 to 76 with a focus on 5K contracts of October 40 calls and 8K contracts of January 55 calls.

Progress Software Corporation (PRGS) 30-day option implied volatility is at 83; compared to its 52-week range of 20 to 69. Call put ratio 8.5 calls to 1 put with a focus on March 57.50 and 60 calls as share price up 3.4%.

Gold stocks option implied volatility as gold above $3844

SPDR Gold Trust (GLD) 30-day option implied volatility is at 18; compared to its 52-week range of 14 to 27. Call put ratio 1.6 calls to 1 put as gold trades up.

Market Vectors Gold Miners ETF (GDX) 30-day option implied volatility is at 38; compared to its 52-week range of 29 to 50.

Kinross Gold (KGC) 30-day option implied volatility is at 49; compared to its 52-week range of 34 to 59. Call put ratio 5.4 calls to 1 put with focus on October 3 weekly calls.

Option IV for steel, aluminum

ArcelorMittal (MT) 30-day option implied volatility is at 38; compared to its 52-week range of 24 to 67.

Nucor (NUE) 30-day option implied volatility is at 38; compared to its 52-week range of 29 to 69. Call put ratio 1.8 calls to 1 put.

Steel Dynamics (STLD) 30-day option implied volatility is at 34; compared to its 52-week range of 31 to 65. Call put ratio 1 call to 4.9 puts with a focus on October 120 and 125 puts.

Cleveland-Cliffs (CLF) 30-day option implied volatility is at 71; compared to its 52-week range of 49 to 108. Call put ratio 4.2 calls to 1 put with a focus on 17K contracts of October 14 calls as share price up.

Alcoa (AA) 30-day option implied volatility is at 29; compared to its 52-week range of 22 to 60. Call put ratio 3 calls to 1 put.

Straddle prices into quarter results

Nike (NKE) October 3 weekly 69 straddle priced for a move of 9%. Call put ratio 1.9 calls to 1 put into the expected release of quarter results today after the bell.

Levi Strauss (LEVI) October 23 straddle priced for a move of 10%. Call put ratio 1 call to 4.2 puts into the expected release of quarter results on October 1.

Conagra (CAG) October 3 weekly 18 straddle priced for a move of 6%. Call put ratio 1 call to 3.8 puts into the expected release of quarter results before the bell on October 1.

Novagold (NG) October 3 weekly straddle priced for a move of 13%. Call put ratio 6.4 calls to 1 put into the expected release of quarter results before the bell on October 1.

Cal-Maine Foods (CALM) October 95 straddle priced for a move of 10%. Call put ratio 1.7 calls to 1 put into the expected release of quarter results before the bell on October 1.

Options with decreasing option implied volatility: QURE SQNS CIFR BHF BB EA KMX ACN MU KVUE CONY COST
Increasing unusual option volume: EWC WPC ETNB PLG MLTX LRMR QURE HUN ARE VIAV BYND
Increasing unusual call option volume: ARE MLTX PLG QURE CENX VIAV PRGS UTHR CYTK LRMR LU
Increasing unusual put option volume: EWC HUN AS BYND QURE SNDK LAC K RZLV EA EXE MAN LW
Popular stocks with increasing volume: INTC HOOD AMD PYPL SOFI PLTR MSTR ORCL CCL BMNR COIN FCX
Active options: NVDA TSLA INTC HOOD OPEN AMD AAPL PYPL AMZN MARA SOFI PLTR MSTR GOOGL ORCL CCL BMNR COIN FCX IREN
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $62.70, natural gas mixed, gold at $3828