Actionable Options for Monday March 17
Actionable Options for Monday March 17
Options expected to have increasing call volume and implied volatility: DG HTZ RIG
Options expected to have increasing put volume and implied volatility: REN VRSN JRJC
JA Solar (JASO) is recently up 58c to $12 after the solar-products company reported better than expected Q4 results. March option implied volatility of 76, April and June is a 65, compared to its 26-week average of 67.
Yahoo (YHOO) is recently up $1.47 to $39.06 as Alibaba Group confirmed plans for a U.S. IPO. Yahoo is a holder of 24% of Alibaba. March option implied volatility is at 34, April, May and July is at 36; compared to its 26-week average of 35.
SINA (SINA) is recently up $4.69 to $69.28 after filing preliminary prospectus to raise up to $500M in U.S. IPO of Weibo unit. March call option implied volatility is at 57, April is at 51, May is at 54 and June is at 51; compared to its 26-week average of 53.
iPath S&P 500 VIX Short-Term Futures (VXX) recently down 4.4% to 45.34.