Attractive call buying opportunities for Russell 1000 stocks - JPM

JPMorgan analysts shared a list of attractive call buying opportunities within the Russell 1000 (NYSEARCA:IWF).

In JPMorgan’s U.S. Single Stock Volatility Chartbook report, analysts use five technical and fundamental indicators with equal weighting to time the buying of stocks, and two quantitative indicators with equal weighting to gauge the richness or cheapness of their implied volatility.

“The call buying signal will be triggered if the buy signals are greater than the sell signal, and if the volume cheapness signals are greater than the richness signals,” they said.

These are attractive three-month 105% call buying candidates:

• Lululemon Athletica (LULU) - Buy Call, 3-month 105 Call % premium: 5, 3-month 105 IV: 32.4
• Five Below (FIVE) - Buy Call, 3-month 105 Call % premium: 5.4, 3-month 105 IV: 34.6
• Nike Inc. (NKE) - Buy Call, 3-month 105 Call % premium: 3.3, 3-month 105 IV: 24.5
• Gilead Sciences (GILD) - Buy Call, 3-month 105 Call % premium: 2.6, 3-month 105 IV: 22.2
• Adobe Inc. (ADBE) - Buy Call, 3-month 105 Call % premium: 4.8, 3-month 105 IV: 31.5
• Humana Inc. (HUM) - Buy Call, 3-month 105 Call % premium: 4.4, 3-month 105 IV: 30
• Marvell Technologies (MRVL) - Buy Call, 3-month 105 Call % premium: 7.9, 3-month 105 IV: 47.6
• Sofi Technologies (SOFI) - Buy Call, 3-month 105 Call % premium: 11.1, 3-month 105 IV: 63.3
• Teladoc Health Inc. (TDOC) - Buy Call, 3-month 105 Call % premium: 9.1, 3-month 105 IV: 53.3
• ChargePoint Holdings Inc. (CHPT) - Buy Call, 3-month 105 Call % premium: 12.3, 3-month 105 IV: 77.9