Actionable Options for Tuesday, July, 15

Actionable Options for Tuesday, July, 15

 

Actionable Options for Tuesday, July, 15

Options having increasing call volume and implied volatility: AAPL GE INTC

Options having increasing put volume and implied volatility: YHOO DIS ABX

Facebook (FB) is recently down 64c to $67.28 after Fed Chair Yellen stated that equity valuations of smaller firms, as well as social media and biotech stocks "appear to be stretched." She said that forward PE ratios in these sectors appears "high relative to historical norms." July weekly option implied volatility is at 68, August is at 44, September is at 39, December is at 38; compared to its 26-week average of 41.

Tesla Motors (TSLA) is recently down $5.50 to $220.77 after Janet Yellen comments about smaller firm’s forward PE ratios. TSLA trades at 190 times 2014 earnings. August weekly option implied volatility is at 44, August is at 54, September is at 46, December is at 43; compared to its 26-week average of 53.

JP Morgan (JPM) is recently up $2.17 to $58.46 on better than expected Q2 profit and trading revenue. August option implied volatility is at 15, September is at 13, October is at 14; compared to its 26-week average of 18.