Actionable Options for Friday March 7
Actionable Options for Friday March 7
Options expected to have increasing call volume and implied volatility: GILD WWE FCEL BLDP
Options expected to have increasing put volume and implied volatility: FNSR SD
Big Lots (BIG) is recently up $6.24 to $35.50 after the retailer reported better than expected revenue. March and July option implied volatility of 31 is below its 26-week average of 34.
SWY Safeway (SWY) is recently down $1.07 to $38.39 after announcing a deal to be acquired by Albertsons for about an estimated $40 per share. April call option implied volatility is at 16, June is at 13; compared to its 26-week average of 33.
Proshares UltraShort Barc 20 Year Treasury ETF (TBT) is recently up 89c to $71.89 on February non-farm payrolls increasing 175K, the unemployment rate rose to 6.7% as more people began looking for work. March call option implied volatility is at 19, April, June and September is at 18; compared to its 26-week average of 24.