Actionable Options for Monday, June 16

Actionable Options for Monday, June 16

Options having increasing call volume and implied volatility: AKAM NUAN ADBE

Options having increasing put volume and implied volatility: SWY AAPL S

Covidien (COV) is recently up $13.82 to $85.78 on Medtronic (MDT) purchasing in a cash-and-stock transaction valued at $93.22 per Covidien share or a total of approximately $42.9B. July option implied volatility is at 21, October is at 18; compared to its 26-week average of 19.

Williams (WMB) is recently up $9.22 to $57.40 on the acquisition of the 50% general partner interest in Access Midstream Partners L.P. (ACMP) held by Global Infrastructure Partners II. June option implied volatility is at 35, July and November is at 19; compared to its 26-week average of 25.

Fusion-io (FIO) is recently up $2.13 to $11.40 after the flash-based PCIe hardware and software solution maker was purchased by SanDisk Corporation (SNDK) for $1.1B, $11.25 per share in cash. July option implied volatility is at 14, September is at 15; below its 26-week average of 58.