Actionable Options for Thursday, September, 4

Actionable Options for Thursday, September, 4

Options having increasing call volume and implied volatility: X VMW SCTY

Options having increasing put volume and implied volatility: BP GE DDD

BP (BP) is recently down $2.65 to $45.05 after the oil conglomerate was found grossly negligent by a New Orleans judge. September option implied volatility is at 22, October is at 21, November is at 20; compared to its 26-week average of 15.

Ciena (CIEN) is recently down $1.61 to $18.65 after the telecom equipment maker warned of order revenue growth. September call option implied volatility is at 35, October is at 37, January is at 38; compared to its 26-week average of 43.

Yum! Brands (YUM) is recently down 20c to $71.27 after warnings of negative Q3 China division Same Store Sales guidance. September option implied volatility is at 16, October is at 15, January is at 18; below its 26-week average of 23.