Options expected to be active today:
United Natural Foods (UNFI) is recently down $4.51 to $55.93 on disappointing guidance and margins. September put option implied volatility is at 38, October is and November is at 31; compared to its 26-week average of 29.
McDonald’s (MCD) is recently up 19c to $91.50 after reporting global same restaurant sales rose 3.7% representing a rebound from July’s flat global same restaurant sales. October call option implied volatility is at 13, December is at 13.
Deutsche Bank (DB) is recently up $2.32 to $42.50 after the company announced a set of longer-term strategic and financial goals and its CEO said its job cuts will go beyond prior expectations. September and October call option implied volatility of 42 is below its 26-week average of 44.
CBOE Volatility Index (VIX) is recently down 14c to 16.14. VIX September 20 puts, October 23 and December 24 calls are active on total option volume of 889K contacts at the CBOE.
S&P 100 Options (OEX) is recently up 0.5% to 659.18 into Thursday’s Fed meeting results.