Options Update: Barnes & Noble (BKS) & Financial Select Sector (XLF)
Barnes & Noble (BKS)
BKS Puts Active Into EPS
Barnes & Noble is recently up $.03 to $18.44. BKS is scheduled to report Q4 EPS on March 19.
BKS call option volume of 82 contracts compares to put volume of 3,596 contracts.
BKS March 17.5 straddle is priced at $2.45, April 17.5 straddle is priced at $3.35.
April option implied volatility of 74 is above its 26-week average of 67, suggesting larger price movement.
Financial Select Sector (XLF)
XLF Call Volume Heavy
Financial Select Sector is recently down $.03 to $8.11. XLF top holding in the fund are JPM, WFC, BAC, GS, USB, C, MET, TRV and AXP.
XLF call option volume of 327,443 contracts compares to put volume of 59,602 contracts.
XLF March 8 straddle is priced at $.92, April 8 straddle is priced $1.82.
XLF June call implied volatility is at 86, puts are at 75. This is above its 26-week average of 64, suggesting larger price movement.
View The Options Insider's post archive >