Actionable Options for Thursday March 27
Actionable Options for Thursday March 27
Options having increasing call volume and implied volatility: BBRY CL DSW SGYP
Options having increasing put volume and implied volatility: CRM MNKD AAPL
Baxter International (BAX) is recently up $3.95 to $74.01 after announcing plans to create two separate, independent global healthcare companies -- one focused on developing and marketing innovative biopharmaceuticals and the other on life-saving medical products. April option implied volatility is at 18, May is at 17, November is at 16; compared to its 26-week average of 18.
Citigroup (C) is recently down $2.85 to $47.32 after the Federal Reserve rejected the bank's capital plan for 2014. April option implied volatility is at 25, May is at 23, June is at 22; compared to its 26-week average of 25.
JPMorgan (JPM) is recently down 42c to $59.48 after the bank received approval from the Federal Reserve for their proposed 2014 capital plans. The bank plans to boost its quarterly dividend by $0.02 to $0.40 a share and buy back $6.5B. April option implied volatility is at 22, May, June and September is at 17; compared to its 26-week average of 21.