Actionable Options for Wednesday, August, 27

Actionable Options for Wednesday, August, 27

Options having increasing call volume and implied volatility: PBR WSM SPLK

Options having increasing put volume and implied volatility: VALE RIO ANF

J.C. Penney (JCP) is recently up 29c to $11.09, a ten-month high, on expectations of back to school sales. September option implied volatility is at 38, September is at 39, November is at 43, January is at 41; compared to its 26-week average of 58.

Tiffany (TIF) is recently up $1.32 to $102.15 after reporting better than expected Q2 EPS of 96c as worldwide net sales increased 7% and comparable store sales increased 3% largely due to growth in the Americas and Asia-Pacific regions. September option implied volatility is at 19, October is at 16, November Is at 15, January is at 19; compared to its 26-week average of 23.

Express (EXPR) is recently up $1.79 to $16.38 after the fashion retailer reported better than expected Q2 earnings and guidance. September option implied volatility is at 37, October is at 35, January is at 34; compared to its 26-week average of 44.