Actionable Options for Wednesday, July, 9

Actionable Options for Wednesday, July, 9

Options having increasing call volume and implied volatility: GNC ECA EA

Options having increasing put volume and implied volatility: MU LL FDO

Alcoa (AA) is recently up 84c to $15.70 after the metals company's reported better than expected Q2 results. July option implied volatility is at 23, August is at 24, and October is 26; compared to its 26-week average of 31.

MSCI Brazil Index (EWZ) is recently up 70c to $48.45 after UBS said Brazil’s 7-1 soccer loss is bearish for stocks. July and August option implied volatility is at 22, November is at 26; compared to its 26-week average of 25.

Bob Evans (BOBE) is recently down $1.96 to $47.82 after the food products and restaurant company reported Q4 EPS 48c, consensus 41c. July option implied volatility is at 45, August is at 34, September is at 33, December is at 36; compared to its 26-week average of 32.