Actionable Options for Friday, May, 20

Options with increasing call volume and volatility movement: BBY SRPT RLYP

Options with increasing put volume and volatility movement: PACB RAD VER

RT Options Scanner shows: Yahoo (YHOO) August 40 call option implied volatility decreased 4% to 35 according to IVolatility.

Elevated volatility pumped up into quarterly results has fallen to levels from 30-days ago after reporting results

Gap (GPS) up 3.7% on inline EPS, guidance and sees net closures of about 50 company operated stores in 2016. Current 30-day call IVXM is at 39 compared to a one-month ago level of 35.

Ross Stores (ROST) down 4% after reporting weaker than expected margins and same store growth. Current 30-day call IVXM is at 27 compared to a one-month ago level of 28.

Applied Materials (AMAT) up12% after the chipmaker reported better than expected Q2 results and guidance. Current 30-day call IVXM is at 26 compared to a one-month ago level of 27 according to IVolatility.