Nightly Option Traders Report

  • October 15, 2001
  • TradingMarkets Editors

Options Report/Game Plan

 

Volatility
Index		 Close Net
Change		 Signals/Direction %
Above/Below 10 Day Moving Average		 Comments
VIX 37.36 UP .91 CVR I, UP 7.39 % Above The VIX opened in
the upper half of its range, but closed in the bottom half.  That
signifies an intra-day change in sentiment as fear is subsiding. Upward
bias.
VXN 66.24 UP
.26		 CVR
I, UP		 2.90
% Above		 Intra-day
shift in sentiment more evident in Nasdaq stocks.  Upward bias.

 

Abnormal Options Volume With Price Movement

Name Symbol Net
Change		 Avg.
Tot. $Volume		 Total
$Volume
United
Therapeutics		 UTHR – 6.32 183 46
Rambus RMBS +
2.13		 2736 245
Immunogen IMGN + 1.90 55 38
ING
Groep		 ING –
3.80		 68 19
Micromuse MUSE -1.32 96 77
Celgene CELG +
2.85		 1028 154
Amazon AMZN + .81 1870 405
Tele
Norte Leste Participacoes		 TNE +
.87		 6 5
Apria Healthcare AHG + 1.88 300 32
Mylan
Labs		 MYL –
3.11		 987 486

Low IV Stocks

Name Symbol IV Low
IV		 High
IV
TD Waterhouse TDW 31.5 43 66.6
Digital River DRIV 83.2 88 142
Scios SCIO 67.4 70.9 159.1
Cali Realty CLI 18.4 19.8 29.7
Gymboree GYMB 80.7 81.3 163.3
Perot Systems PER 44.4 44.9 76.6
American Water Works AWK 16.6 16.3 37.8
Gucci GUC 26.9 26.5 53.6
Henry Schien HSIC 43.1 42.5 71.9
Viropharma VPHM 74 73.2 158.7

Abnormal Implied Sector Volatility

Need New Formula

Wrap Up

The Dow made an intra-day reversal to close up
slightly higher.  However broader indices such as the S&P 500 and
Nasdaq Composite made up some earlier losses but still ended slightly in the
red.  Today’s action gave us CVR I buy signals in both the S&P and
Nasdaq.

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