Implied Volatility Movers
Implied volatility is broadly higher across the listed options market Monday. CBOE Volatility Index (.VIX) is up 1.08 points, or 8.4 percent, to 13.98. VIX tracks the expected volatility priced into S&P 500 Index options. Meanwhile, the NASDAQ 100 Volatility Index (.VXN) ticked up .71 to 14.60. Implied volatility in Apple (AAPL) options, as measured by the Apple Volatility Index (VXAPL), edged up .35 to 27.77 and the Goldman Sacks IV index (VXGS) rose 1.35 points to 25.61. Implied volatility on oil (OVX), gold (GVZ) and the Emerging Markets Fund (VXEEM) are also higher on the day.
Volume Signals
McMoran (MMR) options volume is running 6.5X the (22-day) average, with 40,000 contracts traded and call volume accounting for 85 percent of the volume.
Acme Packet (APKT) options volume is 3.5X, the average daily, with 27,000 contracts traded and call volume representing 79 percent of the activity.
Genworth (GNW) options volume is running 2.5X the average daily, with 26,000 contracts traded and call volume accounting for 53 percent of the activity.
Increasing options activity is also being seen in Archer Daniels Midland (ADM), Humana (HUM), and Deutsche Bank (DB).
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