Actionable Options for Friday April 11

Actionable Options for Friday April 11

Options having increasing call volume and implied volatility: C IPG FIO

Options having increasing put volume and implied volatility: FSL NBR TSLA

Wells Fargo (WFC) is recently up 62c to $48.34 after reporting Q1 EPS $1.05, consensus 97c. April option implied volatility is at 17, June, July and October is at 16; compared to its 26-week average of 17.

JP Morgan (JPM) is recently down $1.75 to $55.65 after reporting Q1 profit falling 19%. April and May option implied volatility is at 19, July and September is at 20; compared to its 26-week average of 21.

Gap (GPS) is recently down 74c to $38.55 after reporting March same-store sales fell 6% and saying that it expects Q1 gross margins to decline more when compared to the prior year period. May, June and September option implied volatility of 19 is below its 26-week average of 26.