Actionable Options for Monday, June 30

Actionable Options for Monday, June 30

Options having increasing call volume and implied volatility: APA NCK CCL

Options having increasing put volume and implied volatility: MBI AAP MCK

PPG Industries (PPG) is recently up $5.95 to $210 after announcing that it has reached a definitive agreement to acquire privately-held Consorcio Comex for $2.3B. July option implied volatility is at 25, August and November is at 20; compared to its 26-week average of 20.

Yahoo (YHOO) is recently up 81c to $35.06 after being upgraded to Overweight from Neutral at Piper Jaffray. The price target for Yahoo shares was raised to $43 from $37. July option implied volatility is at 36, August is at 40, October is at 36; compared to its 26-week average of 34.

InterOil (IOC) is recently up $1.39 to $64.27 into announcing the energy explorer will sell its Papua New Guinea oil refinery and petroleum distribution business to Puma Energy for $526M, in order to put a greater focus on its natural gas business. July option implied volatility is at 38, August and September is at 36; below its 26-week average of 40.