Actionable Options for Thursday, July, 24

Actionable Options for Thursday, July, 24

Options having increasing call volume and implied volatility: XRX BBRY AVP

Options having increasing put volume and implied volatility: AMZN SBUX V

Gilead (GILD) is recently up 66c to $91 after reporting Q2 EPS $2.36, compared to consensus $1.79 and said its new hepatitis C treatment, Sovaldi, had $3.48B in Q2 sales. August option implied volatility is at 30, September is at 29, November is at 28; compared to its 26-week average of 33.

Facebook (FB) is recently up $4.46 to $76.87 after the social-media giant reported that Q2 profit more than doubled and revenue topped estimates for the ninth straight quarter. August weekly option implied volatility is at 35, August is at 31, September is at 30, December is at 31; compared to its 26-week average of 42.

Qualcomm (QCOM) is recently down $4.94 to $76.64 after the chip manufacturer reported a 42% increase in Q3 results, however said its licensing and patents was encountering “significant challenges” in China. August option implied volatility is at 15, October is at 14, and January is at 16; compared to its 26-week average of 20.