Actionable Options for Tuesday January 14
Actionable Options for Tuesday January 14
Options with increasing call volume and implied volatility: CAM MS GS
Options with increasing put volume and implied volatility: BA INTC BAC
JP Morgan (JPM) is recently up 25c to $57.04 on better than expected Q4 results spurred on by continued reduction in the provision for credit losses and equity underwriting revenue increasing 42% from a year earlier. January option implied volatility is at 17, February is at 17, March is at 16; compared to its 26-week average of 22.
Time Warner Cable (TWC) is recently up $4.05 to $136.37 after announcing its board rejected a merger proposal from Charter Communications (CHTR) that valued the company at $132.50 per share. January option implied volatility is at 13, February is at 14, April is at 15; below its 26-week average of 28.
Wells Fargo (WFC) is recently down 3c to $45.53 after reporting Q4 EPS of $1.00, compared to consensus 98c. January call option implied volatility is at 15, February is at 12, March is at 14; compared to its 26-week average of 19.