Implied Volatility Mover
Implied volatility in the options on 3D Systems (DDD) is moving higher today. The stock is up $4.63 to $70.45 on high volume of more than 3 million shares and notching new highs today. There doesn’t seem to be any specific news to explain the 7 percent jump in the stock. Meanwhile, options volume is running 2.5X the daily average. 11,000 calls and 13,000 puts traded on the Rock Hill, SC machinery company. February 60 puts and 70 calls are the most actives and 30-day implied volatility is up 20 percent to 57.5.
Volume Signals
Symantec (SYMC) options volume is running 2X the (22-day) average, with 20,000 contracts traded and call volume accounting for 96 percent of the volume.
Beazer Homes (BZH) options volume is 3X, the average daily, with 9,350 contracts traded and call volume representing 85 percent of the activity.
NRG options volume is running 2X the average daily, with 7,120contracts traded and call volume accounting for 95 percent of the activity.
Increasing options activity is also being seen in Travelers (TRV), Synovus (SNV), and Western Union (WU).
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