Actionable Options Friday, December, 1

 

Calls with increasing volatility movement and volume: VIX VXX QQQ SPY

Puts with increasing volatility movement and volume: SVXY VIX VXX SPY

Markets sell off following reports of Flynn cooperation

The major stock market indices turned lower following reports that Retired Lt. Gen. and former adviser to President Trump Michael Flynn has made the decision to assist investigators in relation to his guilty plea for lying to the FBI.

PowerShares QQQ Trust (QQQ) option implied volatility is at 14; compared to its 52-week range of 9 to 18 into markets sell off following reports of Flynn cooperation

iPath S&P 500 VIX ST Futures ETN (VXX) option implied volatility is at 58; compared to its 52-week range of 45 to 96 into markets sell off following reports of Flynn cooperation

S&P Dep Receipts (SPY) option implied volatility is at 10; compared to its 52-week range of 7 to 13 into markets sell off following reports of Flynn cooperation

CBOE Volatility Index (VIX) option implied volatility is at 82; compared to its 52-week range of 45 to 145 into markets sell off following reports of Flynn cooperation

VIX Futures Premium 7.83%