Actionable Options for Wednesday, May, 11
Options with increasing call volume and volatility movement: TJX EWZ LULU
Options with increasing put volume and volatility movement: URBN LC KSS
RT Options Scanner shows: Chesapeake (CHK) October 5 call option implied volatility increased 5% to 95 according to IVolatility.
Ralph Lauren, Michael Kors and Fossil suppliers to Macy are down after the department store retailer sees gross margins under pressure.
Ralph Lauren (RL) down 11%. Current 30-day call IVXM is at 58, compared to a one-month ago level of 30.
Michael Kors (KORS) down 20%. Current 30-day call IVXM is at 53, compared to a one-month ago level of 30.
Fossil (FOSL) down 26%. Current 30-day call IVXM is at 54, compared to a one-month ago level of 60 according to IVolatility.