Actionable Options for Tuesday, January 21

Actionable Options for Tuesday, January 21

Options with increasing call volume and implied volatility: IBM BBRY EBAY

Options with increasing put volume and implied volatility: MSFT NFLX CREE

Alcoa (AA) is recently 90c to $12.26 after JPMorgan predicted higher aluminum prices. January weekly option implied volatility is at 47, February is at 28, March is at 29, April is at 30, July is at 29; compared to its 26-week average of 29.

Verizon (VZ) is recently down 46c to $47.66 on rising Q4 wireless and FiOS revenue growth. January weekly call option implied volatility is at 23, February is at 17, April is at 16; compared to its 26-week average of 18.

Delta Air Lines (DAL) is recently up 92c to $31.99 after reporting better than expected Q4 profit and revenue on capacity growth and lower fuel costs. February option implied volatility is at 31, June is at 33; compared to its 26-week average of 35.