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Put Spreads Trade in ECL

Today paper traded the ECL Apr 95/100 put spread at 1.15 259 times. ADV is 262 contracts. The OI is 303 and 190 contracts.

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Bullish Option Activity Alert: EWJ

iShares MSCI Japan Index Fund(EWJ) has dropped as much as 14.8% since last Fridays earthquake and option activity has soared as investors try to determine the magnitude of the disaster.

Bullish Option Activity Alert: CBLI

Cleveland Biolabs, Inc. (CBLI), the developer of drugs that help protect people from radiation exposure, has seen its shares surge over 20% this week and have reached a price level not seen in over 2 years.

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