Actionable Options for Thursday March 13

Actionable Options for Thursday March 13

 

Actionable Options for Thursday March 13

Options expected to have increasing call volume and implied volatility: IRDM WSM CALL

Options expected to have increasing put volume and implied volatility: RIG HOV WRLD

iPath S&P 500 VIX Short-Term Futures (VXX) is recently up $2.25 to $46.56

CBOE Volatility Index (VIX) up 1.88 to $16.35, compared to its 10-day moving average of 14.61 and its 50-day moving average of 14.77 cboe.com/VIX

Amazon.com (AMZN) is recently up $2.23 to $372.95 after raising the price on Prime membership for existing members to $99. March option implied volatility is at 24, May is at 33, July is at 28; compared to its 26-week average of 28.

Activision Blizzard (ATVI) is recently up 23c to $20.83 after BofA/Merrill upgraded the gamer to Buy from Neutral. The firm upgraded shares citing valuation ahead of five new titles in 2014. Price target raised to $25 from $20. March call option implied volatility is at 21, April and May is at 23, August is at 26; compared to its 26-week average of 29.