Implied Volatility Mover
Implied volatility in Qihoo Techology (QIHU) is moving higher along with the stock price today. Shares of the Chinese Internet company rallied $2.76 to $27.72 on very heavy volume of 6.6 million. By way of comparison, typical volume in QIHU through midday is less than 1 million. Meanwhile, 14,000 calls and 3,000 puts traded in the name, which is 4X the daily average. December 25 and January 27 calls are the most actives and implied volatility in QIHU options is up 33.5 percent to 51.5.
Volume Signals
Verisign (VRSN) options volume is running 2X the (22-day) average, with 34,000 contracts traded and call volume accounting for 58 percent of the volume.
AMD options volume is 3X, the average daily, with 33,000 contracts traded and call volume representing 93 percent of the activity.
Allscripts (MDRX) options volume is running 5X the average daily, with 22,000 contracts traded and call volume accounting for 94 percent of the activity.
Increasing options activity is also being seen in Increasing options activity is also being seen in Leapfrog (LF), Pitney Bowe’s (PBI), and ASML.
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