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U.S. Stock Options With Biggest Changes in Implied Volatility

By Bloomberg News - Feb 8, 2011

The following are the U.S. stock options that had the biggest percentage changes in implied volatility from the previous trading day as of 11:30 a.m. in New York. This {OSCH <GO>} search was limited to options that are more than 10 days from expiration, have trading volume of at least 200 contracts and have strike prices within 5 percent of the underlying security's price.


Top Volatility Increases

                         Contract            %Chg  Impl.
Ticker    Name           Description          Vol.  Vol.   Price  %Chg  Volume
=============================================================================
LVLT   LEVEL 3 COM  LVLT US 03/19/11 C1       62.8  89.8   0.25    0.0    275
HERO   HERCULES OF  HERO US 01/21/12 C1       33.8 122.6   2.65    0.0    200
ATHR   ATHEROS COM  ATHR US 06/18/11 C45      25.9   2.5   0.10    0.0    360
BIG    BIG LOTS IN  BIG US 04/16/11 C40       25.8  37.5   1.95  550.0    358
C      CITIGROUP I  C US 03/19/11 C4          25.7  39.1   0.89   -1.1   1038
ALU    ALCATEL-LUC  ALU US 03/19/11 P3.5      24.8  46.4   0.20    0.0    206
C      CITIGROUP I  C US 03/19/11 C3          21.9  82.8   1.88   -0.5    510
CDNS   CADENCE DES  CDNS US 05/21/11 C9       21.7  39.4   1.15    9.5   3141
CPB    CAMPBELL SO  CPB US 03/19/11 C35       19.8  21.4   0.65   30.0    347
C      CITIGROUP I  C US 03/19/11 C2          19.8 142.6   2.86    2.5    286
STE    STERIS CORP  STE US 06/18/11 C30       19.2  35.9   4.10  -51.4    312
GSS    GOLDEN STAR  GSS US 03/19/11 C4        18.9  58.2   0.30   20.0    263
BEAT   CARDIONET I  BEAT US 05/21/11 P4       18.5  67.1   0.35    0.0    278
MEA    METALICO IN  MEA US 03/19/11 C5        16.5  66.7   0.95   -5.0    433
MCD    MCDONALDS C  MCD US 03/19/11 C70       15.2  19.2   6.00   62.2    489
SA     SEABRIDGE G  SA US 03/19/11 C30        14.7  48.2   2.70  116.0    204
CBST   CUBIST PHAR  CBST US 05/21/11 C22      14.6  57.5   2.70   14.9   1163
ATHN   ATHENAHEALT  ATHN US 03/19/11 P39      14.5  65.2   0.45  -73.5    500
NRGY   INERGY LP    NRGY US 03/19/11 P40      14.4  21.4   0.60   36.4    500
SD     SANDRIDGE E  SD US 03/19/11 P7         13.6  60.0   0.16    0.0   1017
CL     COLGATE-PAL  CL US 03/19/11 P75        13.4  17.7   0.49  -50.0    293
SD     SANDRIDGE E  SD US 01/21/12 C5         13.1  60.1   3.55    2.9    238
FRO    FRONTLINE L  FRO US 03/19/11 C26       12.9  43.2   1.65   22.2    352
WMB    WILLIAMS CO  WMB US 03/19/11 P27       12.5  37.0   1.05   23.5    620
QQQQ   POWERSH-QQQ  QQQQ US 03/19/11 C52      12.4  23.7   5.85    1.0   2587
BAC    BANK OF AME  BAC US 03/19/11 C12       12.3  41.0   2.76    2.2    867
RHT    RED HAT INC  RHT US 03/19/11 C46       12.2  36.0   1.45   31.8   1211
UUP    POWERSHARES  UUP US 03/19/11 C22       12.0  11.0   0.51   -7.3   1445
FRO    FRONTLINE L  FRO US 03/19/11 P25       11.3  45.3   0.90  -10.0    241
HNZ    HJ HEINZ CO  HNZ US 01/19/13 P50       11.2  15.2   6.80   11.5    500
JNPR   JUNIPER NET  JNPR US 03/19/11 C42      11.0  31.0   0.98   34.2   1007
BIG    BIG LOTS IN  BIG US 03/19/11 C37.5     10.9  40.6   2.84   89.3   7243
QQQQ   POWERSH-QQQ  QQQQ US 03/19/11 C53      10.4  22.4   4.93    1.2    205
CBST   CUBIST PHAR  CBST US 01/21/12 P20      10.2  51.7   2.95    9.3    231
NUAN   NUANCE COMM  NUAN US 04/16/11 C20      10.2  44.0   1.50  -16.7    261

Top Volatility Decreases

Contract %Chg Impl. Ticker Name Description Vol. Vol. Price %Chg Volume ============================================================================= HRLY HERLEY INDS HRLY US 08/20/11 P17.5 -69.7 9.2 0.10 -95.0 335 NWN NORTHWEST N NWN US 03/19/11 P45 -31.8 14.6 1.30 -16.1 211 DBA POWERSHARES DBA US 03/19/11 C30 -29.8 19.5 4.49 -10.0 1005 CNXT CONEXANT SY CNXT US 06/18/11 C2.5 -25.8 30.2 0.15 50.0 475 SIRI SIRIUS XM R SIRI US 03/19/11 C1.5 -24.2 47.5 0.32 6.7 900 SPY SPDR S&P 50 SPY US 03/19/11 P136 -23.4 11.2 4.96 -1.8 1082 BIG BIG LOTS IN BIG US 03/19/11 P32.5 -21.4 45.7 0.33 -61.2 3712 SNCR SYNCHRONOSS SNCR US 03/19/11 C35 -21.0 40.5 1.30 56.6 261 AVP AVON PRODUC AVP US 03/19/11 P27 -20.8 27.3 0.65 62.5 2985 BIG BIG LOTS IN BIG US 07/16/11 C30 -20.7 29.3 9.52 90.4 253 SNCR SYNCHRONOSS SNCR US 03/19/11 P35 -19.8 43.1 2.60 -42.1 587 EXXI ENERGY XXI EXXI US 03/19/11 C25 -19.8 49.2 7.20 -1.4 550 PNNT PENNANTPARK PNNT US 03/19/11 C12.5 -18.9 21.5 0.35 -46.1 212 SPY SPDR S&P 50 SPY US 03/19/11 P135 -18.6 11.8 4.26 -3.2 4107 TEVA TEVA PHARM- TEVA US 03/19/11 P45 -16.4 31.5 0.20 33.3 380 VSH VISHAY INTE VSH US 04/16/11 P15 -15.6 43.3 0.40 -38.5 952 SOMX SOMAXON PHA SOMX US 05/21/11 C3 -15.1 37.8 0.25 0.0 850 C CITIGROUP I C US 05/21/11 C3 -15.1 39.0 1.90 0.5 1111 TEVA TEVA PHARM- TEVA US 03/19/11 P47.5 -15.0 27.3 0.40 73.9 2332 VECO VEECO INSTR VECO US 03/19/11 C44 -14.8 45.8 4.50 17.8 217 ALU ALCATEL-LUC ALU US 03/19/11 C3.5 -13.8 47.4 0.20 0.0 5101 VECO VEECO INSTR VECO US 03/19/11 C47 -13.3 46.2 3.10 31.9 473 IBM IBM IBM US 01/21/12 C100 -13.2 28.1 65.35 0.7 263 ICO INTERNATION ICO US 03/19/11 C9 -13.2 55.7 0.85 13.3 691 CLDA CLINICAL DA CLDA US 06/18/11 C22.5 -13.2 51.3 8.40 15.1 498 AVP AVON PRODUC AVP US 03/19/11 C29 -12.8 29.0 0.50 -63.0 1948 SPY SPDR S&P 50 SPY US 03/19/11 P133 -12.2 12.7 3.00 -2.3 4663 XOM EXXON MOBIL XOM US 07/16/11 C60 -12.1 30.4 23.30 -2.7 301 VC VISTEON COR VC US 06/18/11 C65 -12.0 41.0 9.40 0.0 400 XLU SPDR-UTIL S XLU US 03/19/11 C32 -11.5 10.8 0.44 -4.3 273 TEVA TEVA PHARM- TEVA US 03/19/11 P50 -11.4 24.7 1.01 146.3 3696 VSH VISHAY INTE VSH US 04/16/11 P12.5 -11.3 51.7 0.10 -60.0 985 S SPRINT NEXT S US 03/19/11 P4 -11.2 40.7 0.10 0.0 241 COPX GLOBAL X CO COPX US 03/19/11 C20 -10.9 34.7 1.40 -12.5 1000


x - Ex-dividend.
* - Ex-earnings.


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-0- Feb/08/2011 16:30 GMT

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