Actionable Options for Tuesday, May, 10
Options with increasing call volume and volatility movement: ODP SPLS DIS
Options with increasing put volume and volatility movement: JCP RL M
RT Options Scanner shows: Bank of America (BAC) August 16 call option implied volatility decreased 3% to 28 according to IVolatility.
Shares of SolarCity (SCTY) and SolarEdge (SEDG) are sliding, and weighing on their sector, after each of the companies gave guidance with their quarterly earnings reports that fell short of analysts' consensus expectations. Each stock was also downgraded by Wall Street analysts, who voiced concern over the solar power companies' outlook in the near- and intermediate-term.
SolarCity (SCTY) down 25%. Current 30-day call IVXM is at 101, compared to a one-month ago level of 130.
SolarEdge (SEDG) down 17%. Current 30-day call IVXM is at 71, compared to a one-month ago level of 70 according to IVolatility.