Actionable Options for Thursday, May, 14
Options with increasing call volume and implied volatility: UPS FCX YOKU
Options with increasing put volume and implied volatility: MU AVP DHR
Rails on watch with Kansas City Southern (KSU) selling off after withdrawing guidance due to the uncertainty around energy-related markets, foreign exchange impacts, and U.S. fuel prices.
Kansas City Southern (KSU) down 1.5%. Current 30-day call IVXM is at 23 compared to a one-month ago level of 27.
Canadian National Railway (CNI) down 0.55%. Current 30-day call IVXM is at 22 compared to a one-month ago level of 24.
Canadian Pacific Railway (CP) down 0.35%. Current 30-day call IVXM is at 24 compared to a one-month ago level of 25.
CSX Corp. (CSX) down 0.40%. Current 30-day call IVXM is at 33 compared to a one-month ago level of 26.
Norfolk Southern (NSC) down 0.65%. Current 30-day call IVXM is at 21 compared to a one-month ago level of 22.
Union Pacific (NYSE: UNP) down 0.32%. Current 30-day call IVXM is at 20 compared to a one-month ago level of 24 according to Advanced Options at IVolatlity.