Your intraday options trading update.
High Options Volume by Strike
Intel (NASDAQ: ) tops the strike volume list with its INTC Jan 12 28 Call trading 101,000 options.
The CBOE Volatility Index (CBOE:) sees more than 82,000 options trade in the VIX Aug 50 Call, as the VIX is valued at 15.71. The strike is down .05 to .25.
The SPDR S&P 500 ETF (NYSE: ) Weekly 133 Put trades 73,000 contracts, down .30 to .04.
Find more option analysis and trading ideas at Options Trading Strategies.
Stocks/Underlying – Big Daily Change in Option Volume
Lennar Corp. (NYSE: ) trades 17,414 options, a jump of more than 400% as the stock rises .48 to 18.99. OptionMONSTER reports 13,000 contracts traded in a spread of July 18 Puts and July 16 Puts. Sold the 18s and bought the 16s for a credit of 0.40.
Medcohealth Solutions
(NYSE: ) trades 30,347 options, a rise of more than 300% from a typical day. MHS fell more than 10% as it lost a $3 billion contract to provide pharmacy benefits to federal workers.
CVS Caremark (NYSE: ) took the contract from MHS and 38,277 options trade in the retailer/pharmacist. CVS was up .79 to 38.94.
Stocks/Underlying – High Option Volume
The SPDR S&P 500 (NYSE: ) has option volume of about 897,000 contracts as it trades up to 133.61. The Standard & Poor’s Index Options (CBOE: ) is up 6.66 to 1332.35 on more than 208,000 option contracts.
The iShares Silver Trust (NYSE: ) trades more than 174,063 options as it rises to 36.88.
The CBOE Volatility Index (CBOE: ) is down .38 to 15.71 with 172,000 options traded against the index.
The iShares Russell 2000 Index ETF (NYSE: ) trades more than 166,000 options as it rises .52 to 83.60.
Burney Simpson is the managing editor of InvestorPlace options pages.
