Actionable Options for Wednesday, March, 4
Options with increasing call volume and implied volatility: FL MCD PEP
Options with increasing put volume and implied volatility: LL CIEN CLF
Large stocks movers have volatility movement
Lumber Liquidators (LL) is down 9% after senator calls for laminate flooring probe. Current 30-day call IVXM is at 98, compared to a one-month ago level of 77.
Abercrombie & Fitch (ANF) is down 12.8% on weak Q4 sales and not providing EPS, SSS guidance. Current 30-day call IVXM is at 42, compared to a one-month ago level of 51.
Smith & Wesson (SWHC) is up 7% after beating estimates on both the top and bottom lines and increasing its full-year earnings guidance. Current 30-day call IVXM is at 33, compared to a one-month ago level of 38 according to Advanced Options at IVolatility.