Actionable Options for Wednesday March 19
Actionable Options for Wednesday March 19
Options expected to have increasing call volume and implied volatility: LEN RDC WLP
Options expected to have increasing put volume and implied volatility: PWH VRA TIBX
Oracle (ORCL) is recently down 2c to $38.82 after reporting Q3 earnings and revenue that missed expectations, though the company's Q4 profit outlook was in-line with expectations. April call option implied volatility is at 19, May is at 18, June and September is at 19; compared to its 26-week average of 23.
FedEx (FDX) is recently down 47c to $138.10 after saying severe winter weather affected its Q3 earnings on lower shipping volumes and elevated expenses. April call option implied volatility is at 20, May is at 19, July is at 20; compared to its 26-week average of 23.
First Solar (FSLR) is recently up $8.30 to $65.87 after the maker of thin-solar panel forecast revenue of as much as $4B for this year. April call option implied volatility is at 53, June is at 51; compared to its 26-week average of 56.