Implied Volatility Mover and Volume Signals for Friday, January 4, 2013
Implied Volatility Mover
Implied volatility in Analog Devices (ADI) is moving higher amid active trading in the options on the Norwood, MA chipmaker. The stock is down 60 cents to $42.69 in relatively active trading of 1.4 million shares. Meanwhile, 6,890 calls and 275 puts traded in the name. February 45 calls are the most actives. Nearly 3,000 traded. Jan13 and Jan14 $45 calls are seeing interest as well and 30-day implied volatility in ADI options is moving up 8.5 percent to 21.
Volume Signals
Cheniere Energy (LNG) options volume is running 2.5X the (22-day) average, with 97,000 contracts traded and call volume accounting for 97 percent of the volume.
Market Vectors Junior Gold Mining (GDXJ) options volume is 5X, the average daily, with 42,000 contracts traded and call volume representing 97 percent of the activity.
Vringo (VRNG) options volume is running 4X the average daily, with 29,000 contracts traded and call volume accounting for 80 percent of the activity.
Increasing options activity is also being seen in Dryships (DRYS), Eli Lilly (LLY), and Acme Packet (APKT).
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