Actionable Options for Wednesday April 16

Actionable Options for Wednesday April 16

Options having increasing call volume and implied volatility: GOOG GS IBM

Options having increasing put volume and implied volatility: MGM AAPL FSL

Yahoo! (YHOO) is recently up $2.13 to $36.32 after Alibaba, the fast growing e-commerce giant in which Yahoo owns a 24% stake, said revenue surges 66% year-over-year to $3B. April weekly option implied volatility is at 37, May is at 34, July is at 35; compared to its 26-week average of 35.

Bank of America (BAC) is recently down 38c to $16.03 after saying Q1 earnings were hurt by resolving more mortgage issues and slower loan growth. May call option implied volatility is at 24, June and November is at 23; compared to its 26-week average.

Adtran (ADTN) is recently down $1.62 to $23.05 after the provider of networking and communications equipment company reiterated Q2 revenue view $172M-$180M, compared to consensus $174M. May option implied volatility is at 34, August is at 35, November is at 36; compared to its 26-week average of 37.