Actionable Options for Monday January 13

Actionable Options for Monday January 13

 

Actionable Options for Monday January 13

Options with increasing call volume and implied volatility: EXEL AKAM JCP

Options with increasing put volume and implied volatility: MCK XOM LULU

Twitter (TWTR) is recently up $1.92 to $59.92 after Goldman raised its estimates to reflect accelerating product innovation, which should have a significant positive impact on monetization and inventory availability. Shares are Buy rated with a $65 price target, raised from $46. January option implied volatility is at 67, February is at 86, March is at 78, June is at 62; compared to its 6-week average of 56.

Juniper (JNPR) is recently up $2 to $25.54 after activist Elliott Management disclosed a 6.2% stake and publicly laid out a "three-pronged" proposal it would like the company to pursue. January option implied volatility is at 42, February is at 44, April is at 34; compared to its 26-week average of 36.

Lululemon Athletica (LULU) is recently trading down $9.61 to $50 after reducing Q4 outlook due to decelerating traffic. January call option implied volatility is at 46, February is at 34, March is at 31; compared to its 26-week average of 39.