Implied Volatility Mover
Goodyear Tire (GT) is seeing unusual options activity. Shares are up 8 cents to $12.24 and total options volume on the tire-maker is about 33,000 calls and only 1,100 puts. May 13 calls are the most active. 25,640 traded against 729 in open interest. April 12 and 13 calls are the next most actives and 30-day implied volatility in GT is moving up 34 percent to 45. No obvious news on the stock to explain the heightened activity in Goodyear Tires today.
Volume Signals
Best Buy (BBY) options volume is running 2X the (22-day) average, with 63,000 contracts traded and call volume accounting for 72 percent of the volume.
Goodyear Tire (GT) options volume is 9.5X, the average daily, with 34,000 contracts traded and call option volume representing 97 percent of the activity.
Mannkind(MNKD) options volume is running 2X the average daily, with 20,000 contracts traded and call volume accounting for 54 percent of the activity.
Increasing options activity is also being seen in Gold Fields (GFI), Citrix Systems (CTXS), and Denbury Resources (DNR).
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