Actionable Options for Monday, February 24

Actionable Options for Monday, February 24

 

Actionable Options for Monday, February 24

Options expected to have increasing call volume and implied volatility: THC RKUS IDRA

Options expected to have increasing put volume and implied volatility: NYCB KMR RPTP

Standard and Poor's Depository Receipts (SPY) is recently up $2.02 to $185.92 as the Chicago Fed national activity index was -0.39, versus expectations for a reading of -0.20. Overall option implied volatility of 12 is near its 26-week average of 13.

RF Micro Devices (RFMD) and TriQuint Semiconductor (TQNT) have agreed to merge. TriQuint shareholders will receive 1.675 shares of NewCo and RFMD shareholders will receive 1 share of NewCo for each TriQuint or RFMD share held.

RF Micro Devices is recently up $1.04 to $6.88. March option implied volatility is at 39, August is 30; below its 26-week average of 43.

TriQuint Semiconductor March option implied volatility is at 40, August is 37; below its 26-week average of 43.