Implied Volatility Mover
Implied volatility in the options on Harvest Natural Resources (HNR) is up sharply after the company filed to delay its 10-K report. The stock is down $1.64 to $3.85, new 52-week lows, in very heavy trading of 7.3 million shares. Meanwhile, 3,800 calls and 2,300 puts traded on the stock. September and January 5 calls are the most actives in the Houston, TX oil and gas company. Meanwhile, 30-day implied volatility in the options on HNR surged 51 percent to 99.
Volume Signals
Electronic Arts (EA) options volume is running 9X the (22-day) average, with 77,000 contracts traded and call volume accounting for 57 percent of the volume.
Walgreen (WAG) options volume is 3X, the average daily, with 63,000 contracts traded and call volume representing 71 percent of the activity.
Lululemon Athletica (LULU) options volume is running 3.5X the average daily, with 36,000 contracts traded and call volume accounting for 53 percent of the activity.
Increasing options activity is also being seen in Dollar General (DG), Talisman Energy (TLM), and Altera (ALTR).
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