Actionable Options for Wednesday, May 28

Actionable Options for Wednesday, May 28

Options having increasing call volume and implied volatility: ALLE COST TWTR

Options having increasing put volume and implied volatility: WYE ANN DSW

Workday (WDAY) is recently up $2.12 to $84.25 after the provider of enterprise cloud-based applications for human capital management company reported Q1 EPS of ($0.13), better than the analyst estimates on revenue of $159M versus the consensus estimate of $152M. June call option implied volatility is at 45, September is at 44, December is at 44; compared to its 26-week average of 44.

Qihoo 360 Technology (QIHU) is recently up $5.82 to $95.75 after the Chinese internet company tops Q1 EPS by 3c and guides Q2 revenues above expectations. May weekly option implied volatility is at 68, June is at 52, September is at 47; compared to its 26-week average of 62.

Toll Brothers, Inc. (TOL) is recently up 75c to $36.39 after the homebuilder reported Q2 EPS of $0.35, $0.09 better than the analyst estimate of $0.26. Revenue for the quarter came in at $860M versus the consensus estimate of $830M. May weekly option implied volatility is at 36, June is at 24, September is at 24, December is at 25; compared to its 26-week average of 31.