Actionable Options Wednesday, October, 25

 

Calls with increasing volatility movement and volume: VXX SVXY UVXY RF

Puts with increasing volatility movement and volume: TWTR URBN XRX BYD

Alphabet (GOOG) 10-day call option implied volatility is at 25; compared to its 52-week range 11 to 30 into quarterly Q3 EPS conference call

Microsoft (MSFT) 10-day call option implied volatility is at 21; compared to its 52-week range of 12 to 27 into quarterly Q3 EPS conference call

Amazon.com (AMZN) 10-day call option implied volatility is at 27; compared to its 52-week range 13 to 36 into quarterly Q3 EPS conference call

What happens when the underlying S&P 500 Index hits a circuit breaker level?

A 7% decline (Level 1 circuit breaker) in the S&P 500 Index before 2:25 p.m. CT will trigger a NYSE Rule 80B trading halt for both the cash equity market AND all U.S.-based equity index futures and options Trading will resume once trading in the cash equity market resumes, with price limits expanded to Level 2 (13%). cmegroup.com/trading/equity-index/faq-sp-500-price-limits.html