Yesterday was an interesting day for the volatility complex. While the SPX enjoyed a huge up day yesterday in anticipation of a vote of confidence for the current Greek government, I could feel the trading tension.
L-3 Communications Holding, Inc. (LLL) sees its shares spike this morning following a report issued by the Wall Street Journal that the investment firm Relational Investors LLC has accumulated a nearly 6% stake in the company and favors a sale or spinoff of units within the company.
A pre-market snapshot for Wednesday, June 22
The Pause that Refreshes
Unusual Options Activity Review For Tuesday, June 21, 2011
Top Ten Most Active Equity Options & Strikes – IRM, GE, BAC, AA, RIMM, EK, AAPL, YHOO
On Tuesday, OIC named Alan Grigoletto as its new Director of Education. Grigoletto leaves his current position at BOX as the head of Business Development.
Implied volatility movers and unusual volume movers for midday 6/21/2011
Bears Tackle Exxon Mobil Options, Bulls Climb Aboard Carnival Corp. – Featured Tickers: XOM & CCL
Wyndham Worldwide, Inc. (WYN) & VeriSign, Inc. (VRSN) see unusual activity on Tuesday, June 21, 2011.
Louisiana-Pacific Corp. (LPX), the manufacturer of building materials and engineered wood products in North and South America, sees a Bullish Call buyer appear this morning with the focus on the November 10 strike options.
Exxon Mobil Corp. (XOM) sees an investor open a Bearish ratio Put spread this morning with the purchase of 7,500 August 77.5 Puts and the simultaneous sale of 15,000 August 72.5 Puts.