Actionable Options for Thursday, June 5

Actionable Options for Thursday, June 5

Options having increasing call volume and implied volatility: RAD WFM UNXL

Options having increasing put volume and implied volatility: MNKD GM FURX

Apple (AAPL) is recently down 42c to $644.54 into a 7-for-1 stock split on June 6. June 13 weekly and June option implied volatility is at 29, June is at 23, July is at 22, August is at 24 and October at 23; compared to its 26-week average of 25.

Ciena (CIEN) is recently up $3.59 to $22.56 after the telecom-equipment company reported better than expected Q2 results and sees Q3 revenue $585M-$615M. June option implied volatility is at 34, July is at 35, October is at 39, January is at 38; compared to its 26-week average of 46.

Joy Global, Inc. (JOY) is recently up $3.57 to $61.40 after the manufacturer of mining equipment reported Q2 EPS $0.05 better than the analyst estimates and reaffirmed FY2014 guidance. June option implied volatility is at 22, July and October is at 23, January is at 24; compared to its 26-week average of 27.