Actionable Options for Tuesday, August, 23
Options with increasing call volume and volatility movement: RHT WSM JKS DG
Options with increasing put volume and volatility movement: CXW FDX CLVS
Homebuilders advance after Toll Brothers results, U.S. new home sales rise
Shares of homebuilders are outperforming the broader indexes an upbeat quarterly report from Toll Brothers (TOL) amid a Commerce Department report that showed sales of newly built U.S homes rose to the highest level in almost a decade.
Toll Brothers (TOL) up 8%. Current 30-day call option implied volatility is at 26, compared to a one- month ago level of 25.
PulteGroup (PHM) up 2%. Current 30-day call option implied volatility is at 24, compared to a one- month ago level of 24.
Lennar (LEN) up 4%.Current 30-day call option implied volatility is at 22, compared to a one- month ago level of 22.
KB Home (KBH) up 5%.Current 30-day call option implied volatility is at 28, compared to a one- month ago level of 28.
DR Horton (DHI) up 3%.Current 30-day call option implied volatility is at 22, compared to a one- month ago level of 23.
Hovnanian Enterprises (HOV) up 3%. Current 30-day call option implied volatility is at 57, compared to a one- month ago level of 48.