Implied Volatility Mover
Implied volatility in Digital Realty Trust (DLR) is moving higher amid increasing options activity Thursday. The stock is down $2.29 to $61.41 in cautious trading ahead of the company’s earnings report, due out tomorrow morning. Meanwhile, 2,490 puts and 720 calls traded in DLR, which is 4.5X the daily average for the San Francisco-based Real Estate Investment Trust [REIT]. November 65 calls and April 65 puts are the most actives. Implied volatility is moving up 19 percent to 30.5.
Volume Signals
Zynga (ZNGA) options volume is running 2.5X the (22-day) average, with 66,000 contracts traded and call volume accounting for 76 percent of the volume.
P&G (PG) options volume is 3X, the average daily, with 66,000 contracts traded and call volume representing for 54 percent of the activity.
International Paper (IP) options volume is running 4.5X the average daily, with 57,000 contracts traded and call volume accounting for 93 percent of the activity.
Increasing options activity is also being seen in National Oilwell (NOV), Akamai (AKAM), and United Airlines (UAL).
—————————————————————————————————-
Disclaimers
This article is provided for informational purposes only. No statement in this article should be construed as a recommendation to buy or sell a security or to provide investment advice. The content provided has been obtained from sources deemed reliable but is not guaranteed as to accuracy and completeness. optionsXpress makes every effort to provide timely information to its recipients but cannot guarantee specific delivery times due to factors beyond our control.
Derivatives involve substantial risk and are not appropriate for all investors. Please read the “”Disclosure Statement for Futures and Options”” prior to investing in futures or options.
For investments using a straddle or strangle options strategy the potential loss is unlimited. Multi-leg option strategies are subject to multiple commissions. Profits may be eroded by the commission expended to open and close the positions and other risks apply.