Actionable Options for Monday, March, 14
Options with increasing call volume and volatility movement: BK ORCL FDX
Options with increasing put volume and volatility movement: BBD BTU FTR
RT Options Scanner shows; Twitter (TWTR) June 20 call option implied volatility increased 2% to 66 according to IVolatility.
Starwood Hotels (HOT) jumped 7.5% after the company announced that it received a non-binding proposal from a consortium of companies to acquire all of its outstanding shares for $76 per share in cash, or nearly $13B. This bid, said to be led by China's Anbang Insurance, tops Starwood's current deal to be acquired by Marriott International (MAR) for cash and stock, which was valued at $12.2B.
Marriott International (MAR) up 3%. Current 30-day call IVXM is at 28, compared to a one-month ago of 41.
Starwood Hotels (HOT) up 7.5%. Current 30-day call IVXM is at 25, compared to a one-month ago of 36.
Hyatt (H) up 1.8%. Current 30-day call IVXM is at 33, compared to a one-month ago of 46 according to IVolatility.