Actionable Options for Monday, August, 8
Options with increasing call volume and volatility movement: BREW FIT DIS
Options with increasing put volume and volatility movement: EAT CLVS COH
RT Options Scanner shows: Freeport-McMoran (FCX) October 14 call option implied volatility increased 2% to 56
The shares of Mattress Firm (MFRM) are up 104% after the company agreed to be acquired by South Africa's Steinhoff International. In a note to investors, research firm Piper Jaffray predicted that there would be "upward pressure" on the shares of two other mattress makers, Tempur Sealy (TPX) and Select Comfort (SCSS), in the wake of the deal.
Mattress Firm (MFRM) up 114%. Current 30-day call option implied volatility is at 12, compared to a one month ago level of 45.
Tempur-Pedic (TPX) up 1.6%.Current 30-day call option implied volatility is at 31, compared to its one-month ago level of 48.
Sealy Select Comfort (SCSS) up 4%. Current 30-day call IVXM is at 44, compared to a one-month ago level of 52.