Implied Volatility Mover
Implied volatility in 3D Systems (DDD) is moving higher amid increased volume in the options on the Rock Hill, SC 3D computer printer-maker. The stock is up 6.7 percent to $50.30 on heavy volume of 7.4 million shares after peer Stratsys (SSYS) rallied around earnings news. On the options front, about 25,000 calls and 19,000 puts traded on DDD so far. May 49 puts, May 55 calls and May 50 calls are the most actives. 30-day implied volatility in the options is up 19 percent to 69.
Volume Signals
Tesla (TSLA) options volume is running 2.5X the (22-day) average, with 74,000 contracts traded and call volume accounting for 59 percent of the volume.
Melco Crown Entertainment (MPEL) options volume is 5X, the average daily, with 55,000 contracts traded and call option volume representing 97 percent of the activity.
Sony (SNE) options volume is running 4X the average daily, with 33,000 contracts traded and call volume accounting 61 percent of the activity.
Increasing options activity is also being seen in Bristol Meyers (BMY), Soda Stream (SODA), and Office Depot (ODP).
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