Well, earnings season winding down a bit, but still a few interesting names to watch for. This, from Briefing.

Some names that jump out that have high implied volatility vs historical volatility (suggesting elevated expected stock movement) are CNTF, NCTY, PWRD, CSUN and SOLF… We’d note that these expectations are subject to change in the days leading up to the actual earnings release. additionally, there may be factors other than earnings driving volatility levels

I love this one here, Solarfun Powe Holdings (SOLF). No focus group could ever create a better name for a high octane momo stock than “Solarfun”. Chines AND Solar, what could go wrong?

Volatility has made lower highs, but not unusual when the earlier highs are in the 160’s. And all individual stock volatility trends down over time.

All things considered, options look way pricier heading into this number than at other times in SOLF’s brief history.

…..Adding, this also from Briefing, fwiw.

We’re seeing heavy buying in the XMSR June 11-12 strangle today, suggesting expectations for greater near-term volatility in the stock as the co awaits a decision from the FCC on its merger with SIRI… A total of 8390 Jun 11 puts have traded today vs. open interest of 1220, and 9597 Jun 12 calls have traded vs. open interest of 1520. The straddle is currently offered at 1.30 with the stock trading at 11.82. This means if bought outright and held until expiration, a straddle buyer would profit with XMSR above 13.30 or below 9.70 at June expiration (6/20). In the meantime, a straddle owner will benefit from increases in volatility levels, which drives options prices higher (all else equal)… XMSR is currently involved in the regulatory process of its pending merger with SIRI. The Dept. of Justice approved the transaction on Mar 24, but FCC approval still pending. Dow Jones reported on May 1 that the House Commerce Chair said the FCC will impose conditions on the merger… We are not seeing similar activity in SIRI options today. (OPTNX)