Actionable Options for Friday, October, 17
Actionable Options for Friday, October, 17
Options with increasing call volume and implied volatility: COV YHOO MJN
Options with increasing put volume and implied volatility: NFLX PBR CLF
Netflix (NFLX) current 30-day call IVXM is at 40.32, compared to a one-month ago level of 24.62 after billionaire Mark Cuban tweeted that he is buying the stock on the recent weakness. He compared the stock favorably on a valuation basis to Yahoo! (YHOO) and Twitter (TWTR) and believes someone will try to buy the company.
ITT Educational (ESI) current 30-day call IVXM is at 157.89, compared to a one-month ago level of 99.60 after the company said that it was projecting a 40% increase in institutional scholarships in fiscal year 2014, along with positive cash flow in fiscal year 2015.
D. R. Horton (DHI) current 30-day call IVXM is at 44.22, compared to a one-month ago level of 27.94 on homebuilders are continuing to show strength following housing data released earlier in the session.