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Unusual Activity Alert: Combos Trade in VXZ
Today paper traded 1250 VXZ May 16 calls/May 15 puts for .10. The ADV is 276 contracts. The OI is 1280 and 1354 contracts.
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Bullish Option Activity Alert: GE
General Electric Co. (GE) shares have managed to hold their $15 support level over the last two volatile weeks and option activity this afternoon suggests at least one investor believes the worst is over and has positioned a relatively large Bullish risk reversal that will need the stock to rise more than 20% over the next 5 months.
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