Actionable Options for Friday, November, 6
Options with increasing call volume and implied volatility: SGMS BBF ETE
Options with increasing put volume and implied volatility: FLEX MW RDSA
Transocean (RIG) February 19 call option implied volatility increased 6% to 56 according to iVolatility.
Bank stocks are bid higher following the much-stronger-than-expected jobs numbers, which suggests the Fed can start raising rates in December.
Bank of America (BAC) up 3%. Current 30-day call IVXM is at 23, compared to a one-month ago of 27.
Citigroup (C) up 3%. Current 30-day call IVXM is at 21, compared to a one-month ago of 27.
JPMorgan (JPM) up 2.8%. Current 30-day call IVXM is at 19, compared to a one-month ago of 24.
Wells Fargo (WFC) up 1.4%. Current 30-day call IVXM is at 18, compared to a one-month ago of 22 according to IVolatility.