Implied Volatility Mover
Implied volatility in the options on Dendreon (DNDN) is moving higher today amid increased options activity. The stock up 32 cents to $5.42 in active trading of 4.6 million shares on reports the company is putting up most of its Head Quarter office space up for sale. Overall options volume includes 9,375 calls and 1,035 puts. December and January 5.5 calls are the most actives and 30-day implied volatility in DNDN options is up 13 percent to 92.5.
Volume Signals
Nokia (NOK) options volume is running 2.5X the (22-day) average, with 174,000 contracts traded and put volume accounting for 68 percent of the volume.
Hertz (HTZ) options volume is 6.5X, the average daily, with 58,000 contracts traded and call volume representing 81 percent of the activity.
Dean Foods (DF) options volume is running 10X the average daily, with 34,000 contracts traded and call volume accounting for 67 percent of the activity.
Increasing options activity is also being seen in Fifth Third (FITB), Baker Hughes (BHI) and Noble Energy (NE).
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