The purpose of this blog is to retain an electronic diary/archive of key market moving news and events. The morning note includes my personal views on the financial markets and fundamental research pulled from newswires, Bloomberg, First Call, and other market intelligent websites and blogs. The note helps me prepare for the trading day and helps my PM position the porfolio for upcoming events and catalysts.
Wednesday, August 27, 2008
NTAP - Unusual Call Volume Increase
Unusual Option Volume Alert: NTAP calls options are actively trading with the front-month 25 and 27.50 calls seeing the bulk of the volume. October 25 and 30 calls are also active. At this point, buyers appear in control of the price action given that the implied volatility in the September 25 calls has moved up more than 20% today to 37-38 from 30 yesterday.
No comments:
Post a Comment