Actionable Options for Wednesday, July 2

Actionable Options for Wednesday, July 2

 

Actionable Options for Wednesday, July 2

Options having increasing call volume and implied volatility: GILD NFLX COH

Options having increasing put volume and implied volatility: NQ TWTR MGM

Delta Air Lines (DAL) is recently down $2.30 to $28.27 after reporting June PRASM up 4.5%. July option implied volatility is at 39, August is at 36, September is at 33; compared to its 26-week average of 37.

Shutterfly (SFLY) is recently up $6.37 to $49.84 on reports it has hired investment bank Qatalyst Partners to find buyers for the company. July and September option implied volatility is at 45, January is at 50; compared to at its 26-week average of 44.

JPMorgan Chase (JPM) is recently down 68c to $58.69 as chairman and CEO Jamie Dimon announced he has been diagnosed with throat cancer. July option implied volatility is at 17, August is at 16, December is at 17; compared to its 26-week average of 19.