The initial months of this year have been characterized by a low implied volatility (IV) environment in virtually all underlying securities. This milieu ended suddenly and abruptly on the recent "flash crash" and IV generally remains significantly elevated above its recent nadir.
The company traded over 10,400 options on total daily average option volume of just 2,238. 10,200 of the options are July 12.5 and Aug 12.5 put purchases.
A roundup of pre-session activity in the futures market – Too Much Caffeine for Coffee Traders?
The stock is on the verge of touching it's 52 wk low. The two largest trades yesterday are bets that BP goes through that low and then some.
Unusual options activity review for Thursday, June 24, 2010
Implied volatility movers and unusual volume movers for midday 6/24
Options Intelligence Report for Financial Select Sector SPDR (XLF) and Vivus, Inc. (VVUS)
Options Intelligence Report for Potash Corp. of Saskatchewan, Inc. (POT) and Prologis (PLD)
The company traded over 41,000 options on total daily average option volume of just 12,422. The action in the Aug 14 puts (sales), Aug 17 calls and Nov 18 calls (both purchases) has accounted for over 31,000 contracts
Big Bear Buys Sizeable Ratio Put Spread On SPDR S&P Retail ETF. Morning Movers: XRT, BBBY & TYC
The company traded over 18,000 options in the first two hours on total daily average option volume of just 5,053. The largest trade, accounting for over 15,500 contracts, was an Aug 19 straddle sale in an earnings month
A roundup of pre-session activity in the futures market – FOMC, Supply Weighs on Crude