Actionable Options for Friday, May 6

Micron (MU) IV index mean is at 51 compared to 52-week range of 26 to 68 with 12 strikes trading more than 1K contracts as shares down 0.7%.

Alibaba (BABA) IV index mean is at 72 compared to 52-week range of 24 to 100 with 16 strikes trading more than 1K contracts as shares sell off 3.6% into quarter results.

Bank of America (BAC) IV index mean is at 38 compared to 52-week range of 22 to 47 with 15 strikes trading more than 1K contracts as shares sell off 1.3%.

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