Implied Volatility Mover
Implied volatility in the options on Whiting Petroleum (WLL) is moving higher amid active trading in the shares and options of the Denver, CO oil and gas company. The stock is up $1.37 to $50.74 on volume of 3.1 million shares. Typical volume for WLL through midday is about 800,000. Meanwhile, 13,000 calls and 3,300 puts traded in the name. September 52.5 calls are the most actives. More than 5,000 traded. September 52.5 puts and October 60 calls are the next most actives and implied volatility in WLL options is moving up 22 percent to 44.5.
Volume Signals
Valero (VLO) options volume is running 2.5X the (22-day) average, with 39,000 contracts traded and call volume accounting for 94 percent of the volume.
Pulte Group (PHM) options volume is 4X, the average daily, with 32,000 contracts traded and call volume representing for 98 percent of the activity.
American Express (AXP) options volume is running 3.5X the average daily, with 28,000 contracts traded and put volume accounting for 93 percent of the activity.
Increasing options activity is also being seen in Western Digital (WDC),?Equinix (EQIX), and Whiting Petroleum (WLL).
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