Actionable Options for Wednesday, August, 20

Actionable Options for Wednesday, August, 20

Options having increasing call volume and implied volatility: HPQ LOW FL

Options having increasing put volume and implied volatility: ROST SHLD CRM

International Rectifier (IRF) is recently up $12.60 to $39.15 on Infineon Technologies (IFNNY) acquiring for $40 per share in an all-cash transaction valued at approximately $3B. September option implied volatility is at 16, December is at 15; compared to its 26-weeek average of 34.

Hertz (HTZ) is recently down $4.36 to $27.15 in the premarket on the withdrawal of FY14 financial guidance. September option implied volatility is at 36, October is at 39, December is at 34; compared to its 26-week average of 37.

Target (TGT) is recently up 71c to $59.46 after reporting Q2 earnings that missed on the bottom line by 1c but beat slightly on the top line, and the company cut its FY14 EPS view. 8/27/14 weekly option implied volatility is at 15, September and January is at 14; compared to its 26-week average of 18.