Actionable Options for Monday, July, 21

Actionable Options for Monday, July, 21

Options having increasing call volume and implied volatility: HLF NFLX CROX

Options having increasing put volume and implied volatility: AKS CMG MSFT

EMC (EMC) is recently up $1.12 to $28.10 on activist investor Elliott Management Corp taking a $1B stake in data storage equipment maker and plans to push the company to spin off its VMware Inc (VMW). July weekly option implied volatility is at 51, September and January is at 19; compared to its 26-week average of 21. EMC & VMW are expected to announce results this week.

Monster Beverage (MNST) is recently down $2.13 to $65.73 after Morgan Stanley downgrade to Equal Weight from Overweight. The firm downgraded shares citing slowing U.S. trends and balanced valuation. July option implied volatility is at 39, August is at 33, September and December is at 32; compared to its 26-week average of 33.

Kandi Technologies (KNDI) is recently up $1.93 to $21.57 after a Chinese newspaper reported that electric cars made outside of China would not qualify for a key tax break in the country, though domestically-made ones would. August option implied volatility is at 90, September is at 74, December is at 67; compared to its 26-week average of 88.