Actionable Options for Wednesday March 12

Actionable Options for Wednesday March 12

 

Actionable Options for Wednesday March 12

Options expected to have increasing call volume and implied volatility: WLT CPWR PLUG AWAY

Options expected to have increasing put volume and implied volatility: FCEL CETV INFY

Chevron (CVX) is recently up $1.20 to $115.72 after Credit Suisse added the oil producer to the U.S. Focus List given strong free cash flow growth and compelling risk reward. Shares are Outperform rated with a $140 price target. Overall option implied volatility of 16 is near its 26-week average.

VeriFone Systems (PAY) is recently up $3.11 to $32.34 after the secure electronic payment solutions company, hit a new 52-week high on Q1 results topping expectations. April option implied volatility is at 30, July is at 34; compared to its 26-week average of 43.

iShares FTSE Xinhua China 25 Index (FXI) is recently down 26c to $33.65 on economic growth concerns. March call option implied volatility is at 27, April is at 25, May is at 23, June is at 22; compared to its 26-week average of 24.