Actionable Options for Tuesday March 18

Actionable Options for Tuesday March 18

 

Actionable Options for Tuesday March 18

Options expected to have increasing call volume and implied volatility: CDE GES RSX

Options expected to have increasing put volume and implied volatility: GERN NDAQ ORCL

HP (HPQ) is recently up $1.04 to $30.53, near a 52-week average, following Barclays upgrading the stock to Overweight and raising its price target to $38. March option implied volatility of 26, April is at 26, May is at 24 and August is a 26, compared to its 26-week average of 33.

Hertz (HTZ) is recently up 44c to $27.68 after its board approved a separation of equipment rental business, a new $1B share repurchase program and reported Q4 EPS of 26c, compared to consensus 32c. March option implied volatility is at 37, April is at 32, June is at 34; compared to its 26-week average of 38.

Market-Vector Russia ETF Trust (RSX) is recently up 80c to $23.25 after Vladimir Putin said he isn’t seeking to split up Ukraine. March option implied volatility is at 44, April is at 35, August is at 31; compared to its 26-week average of 26.