Actionable Options for Thursday March 20
Actionable Options for Thursday March 20
Options expected to have increasing call volume and implied volatility: MTGE CI DG MS
Options expected to have increasing put volume and implied volatility: HTS VOD JNJ GNK
Lennar (LEN) is recently down 47c to $40.87 after the home builder said its Q1 earnings and revenues increased as deliveries and home selling prices increased. April call option implied volatility is at 32, May and August is at 32; compared to its 26-week average of 35.
HP (HPQ) is recently up 72c to $32.34 after raising its quarterly dividend by 10.2% to 16c per share. April and May call option implied volatility is at 25, August is at 27; compared to its 26-week average of 34.
Walter Energy (WLT) is recently down $1.59 to $7.50 after Bank of America Merrill Lynch cut its estimates for 2014 and 2015 for coal miners and dropped its price target on WLT to $2 from $8. March weekly call option implied volatility is at 95, April is at 86, May is at 98, June is at 87; compared to its 26-week average of 76.