Implied Volatility Mover
Implied volatility in Nu Skin (NUS) is moving higher today after peer Herbalife (HLF) was halted this morning on news the company’s accounting firm has resigned. HLF resumed trading and is off 38 cents to $38.01. Meanwhile, Nu Skin shares are flat at $46.28 and options volume on the stock is running 8X the daily average. 5,820 puts and 2,620 calls traded in the name so far. April 40 and 45 puts are the most actives in NUS and 30-day implied volatility in the options on the stock increased by 11.5 percent to 45.
Volume Signals
JC Penney (JCP) options volume is running 3.5X the (22-day) average, with 232,000 contracts traded and put volume accounting for 52 percent of the volume.
First Solar (FSLR) options volume is 3X, the average daily, with 48,000 contracts traded and call option volume representing 53 percent of the activity.
TJX options volume is running 6X the average daily, with 33,000 contracts traded and put volume accounting for 97 percent of the activity.
Increasing options activity is also being seen in Texas Instruments (TXN), Nuance (NUAN), and CF Industries (CF).
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