Pre-earnings action in TD Ameritrade (AMTD) today is focused on Jan 16 puts. Shares are off 59 cents to $16.07 and the top trade is a 1465-lot for 30 cents per contract on ISE. A customer bought the position to open. 2,000 were bought to open on ISE, according to data from the exchange, and total volume is 3,410 against 1,053 in open interest. Implied volatility in the options on the online broker is moving up 10 percent ahead of the report, due out Tuesday morning.
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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.