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

By Bloomberg News - Sep 20, 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
=============================================================================
AGNC   AMERICAN CA  AGNC US 11/19/11 C30      83.6  20.3   0.26  -13.3    853
VRML   VERMILLION   VRML US 10/22/11 C2.5     54.1 208.1   1.10   46.7    220
XME    SPDR S&P ME  XME US 10/22/11 C55       33.1  43.6   2.54  -15.3    380
AMR    AMR CORP     AMR US 10/22/11 C3        28.4 101.1   0.68   33.3  23393
COOL   MAJESCO ENT  COOL US 10/22/11 C2.5     28.1 100.2   0.25   25.0    341
VRML   VERMILLION   VRML US 01/21/12 C2.5     24.6 177.7   1.60   33.3    436
AMJ    JPM-ALERIAN  AMJ US 10/22/11 C36       22.4  21.4   0.80   45.5   1005
JAZZ   JAZZ PHARMA  JAZZ US 10/22/11 C43      22.3  60.9   4.60   80.4    351
BVN    BUENAVENTUR  BVN US 10/22/11 P46       22.1  46.5   1.80  -45.8    200
AGNC   AMERICAN CA  AGNC US 10/22/11 C28      20.3  32.9   1.44   -4.0    439
SRCL   STERICYCLE   SRCL US 11/19/11 C75      19.4  33.6  10.40   40.5    206
CERN   CERNER CORP  CERN US 11/19/11 P70      18.8  39.2   4.40    0.0    389
RGC    REGAL ENTER  RGC US 10/22/11 C12.5     17.9  43.8   1.00   42.9    240
FII    FEDERATED I  FII US 11/19/11 C17.5     17.0  36.5   0.75    0.0    215
AMR    AMR CORP     AMR US 10/22/11 P3        16.7  95.6   0.16    0.0   1071
USB    US BANCORP   USB US 10/22/11 C20       16.6  55.4   3.93    0.5   2200
BIDU   BAIDU INC-S  BIDU US 10/22/11 C95      16.5  80.1  51.85    0.3    217
NFLX   NETFLIX INC  NFLX US 01/21/12 P45      15.6 110.2   0.85  142.9    533
AMR    AMR CORP     AMR US 10/22/11 P2.5      15.3 110.2   0.08   33.3    392
MCD    MCDONALDS C  MCD US 10/22/11 P60       15.2  56.2   0.02    0.0    216
GM     GENERAL MOT  GM US 01/19/13 C13        15.1  52.4  10.70    8.1   3000
TSLA   TESLA MOTOR  TSLA US 10/22/11 C25      15.0  54.9   2.20   46.7    200
BPI    BRIDGEPOINT  BPI US 10/22/11 P20       14.8  78.3   1.45   26.1    908
AMR    AMR CORP     AMR US 11/19/11 C3        14.5  90.1   0.75   -6.2    563
NFLX   NETFLIX INC  NFLX US 01/21/12 P50      14.5 108.4   1.15  134.7    635
WPRT   WESTPORT IN  WPRT US 10/22/11 C30      14.5  68.4   4.50   18.4    230
TSLA   TESLA MOTOR  TSLA US 12/17/11 C26      14.4  60.3   3.00    7.1   2572
MNTA   MOMENTA PHA  MNTA US 03/17/12 P10      13.9  73.4   1.20   71.4    410
AMR    AMR CORP     AMR US 11/19/11 C3.5      13.5  81.1   0.45   15.4    453
AGNC   AMERICAN CA  AGNC US 10/22/11 C27      13.3  46.9   2.43   -4.7   1262
NFLX   NETFLIX INC  NFLX US 10/22/11 P105     13.3 100.7   3.65   97.3   1084
AMR    AMR CORP     AMR US 10/22/11 C3.5      13.3  80.8   0.34   54.5   2058
MCP    MOLYCORP IN  MCP US 10/22/11 C45       13.1  81.6   3.40  -64.8   1489
PNRA   PANERA BREA  PNRA US 10/22/11 P120     12.9  37.6   5.20  -41.2    252
HLS    HEALTHSOUTH  HLS US 10/22/11 P15       12.8  67.3   1.05  425.0   1366
HRBN   HARBIN ELEC  HRBN US 03/17/12 C21      12.6  41.3   2.30    0.0    341
CRNT   CERAGON NET  CRNT US 03/17/12 C7.5     12.6  57.1   3.15    5.0    500
NFLX   NETFLIX INC  NFLX US 10/22/11 P110     12.2  98.6   4.81   88.6    812
UUP    POWERSHARES  UUP US 12/17/11 C21       11.5  13.4   1.07    3.9   9620
RENN   RENREN INC-  RENN US 10/22/11 P6       11.4 107.2   0.85   21.4   3308
HLS    HEALTHSOUTH  HLS US 11/19/11 C15       11.3  67.6   1.80    0.0    256
SUG    SOUTHERN UN  SUG US 10/22/11 C42.5     11.3  15.3   0.55   57.1   3506
UUP    POWERSHARES  UUP US 12/17/11 P19       11.3  15.5   0.01  -50.0    246
BMY    BRISTOL-MYE  BMY US 11/19/11 C31       11.1  22.6   1.07   24.4   1113
NFLX   NETFLIX INC  NFLX US 10/22/11 P115     11.0  96.1   5.94   67.3   1388
MCP    MOLYCORP IN  MCP US 10/22/11 P45       10.6  81.0   5.15  273.2   1235
SPWRA  SUNPOWER CO  SPWRA US 12/17/11 C5      10.2 107.5   5.90   -1.7    200
NFLX   NETFLIX INC  NFLX US 10/22/11 P120     10.0  94.5   7.45   58.5   1585
NEM    NEWMONT MIN  NEM US 10/22/11 C60       10.0  42.0  10.25   36.7    205

Top Volatility Decreases



                         Contract            %Chg  Impl.
Ticker    Name           Description          Vol.  Vol.   Price  %Chg  Volume
=============================================================================
SCOK   SINOCOKING   SCOK US 10/22/11 C2.5    -73.8 114.9   0.65    0.0    768
PPDI   PHARM PROD   PPDI US 10/22/11 C27.5   -31.6  52.4   1.25  -13.8    307
AZO    AUTOZONE IN  AZO US 10/22/11 C340     -23.9  22.1   4.50  -43.8    257
TEN    TENNECO INC  TEN US 10/22/11 P32      -23.3  54.3   2.35  -13.0   3922
SOMX   SOMAXON PHA  SOMX US 11/19/11 C1      -22.8  72.3   0.20  -33.3    230
AZO    AUTOZONE IN  AZO US 10/22/11 C330     -22.4  23.3   8.30  -35.2    213
XME    SPDR S&P ME  XME US 10/22/11 P41      -22.0  66.6   0.30   -3.2    288
T      AT&T INC     T US 11/19/11 C26        -22.0  23.5   2.96    5.7    200
HLS    HEALTHSOUTH  HLS US 10/22/11 P12.5    -21.0  76.0   0.25    0.0    784
WEN    WENDY'S CO/  WEN US 10/22/11 P5       -19.7  31.9   0.20  -20.0    800
WAVX   WAVE SYSTEM  WAVX US 10/22/11 C2.5    -19.7  65.4   0.15   50.0    280
TRH    TRANSATLANT  TRH US 10/22/11 C50      -18.9  23.0   0.41  -41.4    656
NGD    NEW GOLD IN  NGD US 10/22/11 C11      -17.6  53.6   2.85    7.5   2022
MNTA   MOMENTA PHA  MNTA US 10/22/11 P12     -16.8  79.1   1.35   12.5    913
WES    WESTERN GAS  WES US 11/19/11 C35      -16.0  24.1   1.75  -23.9    374
RAH    RALCORP HLD  RAH US 10/22/11 P75      -16.0  33.1   2.55  -25.0    540
T      AT&T INC     T US 01/18/14 C20        -14.9  29.5   9.00    3.5    400
EK     EASTMAN KOD  EK US 10/22/11 C2.5      -13.9  90.9   0.40   -4.8    839
LVLT   LEVEL 3 COM  LVLT US 12/17/11 C1.5    -13.7  55.8   0.25   25.0    300
TYC    TYCO INTL L  TYC US 10/22/11 C47      -13.4  32.2   1.01    1.0   6210
CAG    CONAGRA FOO  CAG US 10/22/11 P23      -13.1  25.4   0.65   18.2    217
WPZ    WILLIAMS PA  WPZ US 10/22/11 C55      -12.5  28.2   2.35   20.5    282
MU     MICRON TECH  MU US 01/19/13 C2.5      -12.1  74.2   4.70   -3.1    326
TYC    TYCO INTL L  TYC US 10/22/11 C46      -12.1  32.4   1.30  -13.3   1710
EP     EL PASO COR  EP US 10/22/11 C20       -11.7  34.2   0.59    3.5    516
CLGX   CORELOGIC I  CLGX US 10/22/11 C12.5   -11.6  62.4   0.60    0.0   1968
UNG    US NAT GAS   UNG US 01/21/12 P6       -11.5  38.1   0.01    0.0    864
MTL    MECHEL-SPON  MTL US 10/22/11 C15      -11.2  50.9   0.80  -20.0    650
CCL    CARNIVAL CO  CCL US 11/19/11 P33      -11.1  42.6   1.80  -36.8    552
SFE    SAFEGUARD S  SFE US 10/22/11 C15      -11.0  53.2   1.00    0.0    300
SIRI   SIRIUS XM R  SIRI US 10/22/11 C1.5    -11.0  70.4   0.35    2.9    248
EP     EL PASO COR  EP US 10/22/11 C19       -11.0  36.9   1.10    0.0   1027
NCT    NEWCASTLE I  NCT US 10/22/11 C5       -10.9  65.2   0.35  -56.2    200
O      REALTY INCO  O US 10/22/11 C35        -10.9  23.7   0.70   -6.7    252
BVN    BUENAVENTUR  BVN US 10/22/11 C47      -10.5  38.1   1.60   10.3   1318
TYC    TYCO INTL L  TYC US 10/22/11 C45      -10.5  33.2   1.68   -6.7    470
EWG    ISHARES-GER  EWG US 10/22/11 C20      -10.4  45.0   0.75    7.1    897
MCP    MOLYCORP IN  MCP US 10/22/11 P25      -10.0 111.6   0.22   69.2    459

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

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