Actionable Options for Wednesday, October, 14
Options with increasing call volume and implied volatility: WMT C SRPT
Options with increasing put volume and implied volatility: XOM TGT ACI
Wal-Mart option implied volatility has increased after the retailer sees FY17 EPS decreasing 6%-12% vs. FY16.
Wal-Mart (WMT) is down $5.69 to 61.04. Current 30-day call option implied volatility is at 24, compared to a one-month ago level of 23.
Target (TGT) down $2.93 to $76.03. Current 30-day call option implied volatility is at 22, compared to a one-month ago level of 24.
Costco (COST) down $2.32 to $149.96. Current 30-day call option implied volatility is at 19, compared to a one-month ago level of 21.