Option volume leaders today: MSFT BAC GOOG AAPL.
Apple (AAPL) volatility flat as shares trend up into Q3 and outlook
Apple (AAPL) is scheduled to release Q3 results on July 24th. Wedbush reiterated its Outperform rating and $800 price target ahead of product catalysts. August call option implied volatility is at 31, September is at 27, October is at 27; compared to its 26-week average of 31.
Johnson Controls volatility flat as shares sell off to nine-month low on Q3 miss
Johnson Controls August put option implied volatility is at 31, October is at 33, January is at 34; compared to its 26-week average of 32, suggesting non-directional price movement after reporting Q3 earnings rising 17%.
Priceline.com August volatility at 39, October at 31 into Q2 and growth outlook
Priceline.com on August 690 and 700 calls are active on total call volume of 22K contracts (15K puts). August put option implied volatility is at 39, October is at 31; compared to its 26-week average of 37, suggesting decreasing price movement after the expected release of Q2 results on August 7.
Intuitive Surgical July 550 straddle priced for 6% movement on Q2
United States Oil Fund volatility elevated on sharp three-week oil rally
United States Oil Fund August put option implied volatility is at 34, September and January is at 35; above its 26-week average of 30, suggesting larger price movement as WTI crude futures are recently up 2.97% to $92.54.
Tempur-Pedic volatility elevated as shares trend up from 30-month lows
Tempur-Pedic August put option implied volatility is at 67, September and December is at 63; above its 26-week average of 49, suggesting large price movement in sympathy with Select Comfort (SCSS) rally after Q2 beat and raise.
Monster Beverage volatility increases on wide price movement
Monster Beverage August put option implied volatility is at 56, September and December is at 46; above its 26-week average of 39, suggesting larger price movement.
Chipotle July 400 straddle priced for 4% movement on Q2
Google July 600 straddle priced for 5% move on Q2
General Electric July 20 straddle priced for 2.5% move on Q2
Microsoft July 31 straddle priced for 3% move on Q4