Archive for April 29th, 2008

CBOE Volatility Index (.VIX) $20.24 +2.96%

The CBOE Volatility Index (.VIX) is up .41 to 20.05 ahead of important event risk Wednesday through Friday. Tomorrow morning’s GDP report along with ADP’s early look at the April jobs situation could add a bit of volatility in early action and then, after the usual wait and see ahead of the Fed announcement, things [...]

April 29, 2008 More

Capital One (COF) $53.61 -0.39%

Capital One (COF) puts are seeing action today. In all, more than 47,000 contracts have traded, compared to 4,900 call options. Today’s action included an order of 9,500 June 50 puts at the ask and 19,000 of the June 40s on the bid. The action seems to be part of a bearish spread and a [...]

April 29, 2008 More

United States Oil Fund LP (USO) $92.80 -2.91%

The US Oil Fund (USO) is down $2.64 to $93.05 a share and USO put volume is outpacing call volume by a ratio of six-to-one. Todays action included the purhcase of 3,000 of the June 90/80 bear put spreads. (see /color USO for details). The fund is under pressure as crude oil slips $3.39 to [...]

April 29, 2008 More

Anheuser Busch Companies Inc (BUD) $49.41 +1.58%

Anheuser Busch (BUD) June 55 and 50 calls are seeing some interest today. Total volume is running three times usual, with 11,000 calls and 1,884 puts trading on the day. Directional sentiment measured by todays action is 61 percent bullish. The stock is up for a second day, adding 4.5 percent since Friday, and breaking [...]

April 29, 2008 More

IShares MSCI Japan Index (EWJ) $13.22 -0.91%

The iShares MSCI Japan Fund (EWJ) is seeing four times its normal trading volume after a player bought 20,000 of the June 14 calls for 20 cents a contract. EWJ was recently down 5 cents to $13.29. Markets in Japan are closed today for holiday and trading across the Asia/Pacific was mixed; with strength in [...]

April 29, 2008 More