Actionable Options Thursday, May, 31

Calls with increasing volatility movement and volume: MGM

Puts with increasing volatility movement and volume: CZR DB COST

Ulta Beauty (ULTA) 30-day option implied volatility is at 37; compared to its 52-week range of 18 to 51 into EPS

VMware (VMW) 30-day option implied volatility is at 47; compared to its 52-week range of 17 to 50 into EPS

Workday (WDAY) 30-day option implied volatility is at 37; compared to its 52-week range of 25 to 56 into EPS

Costco (COST) 30-day option implied volatility is at 23; compared to its 52-week range of 12 to 33 into EPS

GameStop (GME) 30-day option implied volatility is at 53; compared to its 52-week range of 28 to 78 into EPS

Lululemon (LULU) 30-day option implied volatility is at 44; compared to its 52-week range of 26 to 66 into EPS