Actionable Options for Monday, March, 7
Options with increasing call volume and volatility movement: SDRL LINE HBAN
Options with increasing put volume and volatility movement: KERX SQ CREE
Yahoo (YHOO) May 42 call option implied volatility increased 6% to 39 according to iVolatility.
Steel stocks option implied volatility is elevated on wide price movement as iron ore rally’s
U.S. Steel (X) up 5%. Current 30-day call IVXM is at 128, compared to a one-month ago level of 97.
AK Steel (AKS) up 8%. Current 30-day call IVXM is at 87, compared to a one-month ago level of 107.
ArcelorMittal (MT) up 5%. Current 30-day call IVXM is at 105, compared to a one-month ago level of 79.
Nucor (NUE) up 3.5%. Current 30-day call IVXM is at 28, compared to a one-month ago level of 33 according to iVolatility.