Implied Volatility Mover
Implied volatility in the options on some of the mortgage Real Estate Investment Trusts [REITs] is higher, as some of the names in the sector see relative weakness today. For example, American Capital Agency (AGNC) dropped 87 cents to $31.72, options volume is running 4X the daily average, with 53K options traded and implied volatility jumped 47 percent to 30. Annaly Capital (NLY) lost 45 cents to $15.59, options volume is 3X the daily average with 30K options traded and implied volatility is up 31.5 percent to 22. Two Harbors Investments (TWO) is off 19 cents to $11.47, options volume is 7.5X the daily average, 4700 options traded, and implied volatility is up 48 percent to 30.
Volume Signals
Clearwire (CLWR) options volume is running 6.5X the (22-day) average, with 64,000 contracts traded and call volume accounting for 73 percent of the volume.
American Agency Capital (AGNC) options volume is 3.5X, the average daily, with 49,000 contracts traded and call volume representing for 65 percent of the activity.
Annaly Capital (NLY) options volume is running 2.5X the average daily, with 28,000 contracts traded and put volume accounting for 73 percent of the activity.
Increasing options activity is also being seen in Toll Brothers (TOL), Navistar (NAV), and Texas Instruments (TXN).
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