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

By Bloomberg News - Sep 22, 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
=============================================================================
SPY    SPDR S&P 50  SPY US 10/22/11 C93      103.2  52.5  20.84  -11.7   3032
NLY    ANNALY CAPI  NLY US 10/22/11 P18       88.3  20.2   0.95   -6.9   2217
TZA    SMALL CAP B  TZA US 10/22/11 C34       73.4  96.7  19.40   27.1   1042
SPY    SPDR S&P 50  SPY US 10/22/11 C89       57.0  55.9  25.16  -15.5   1618
QQQ    POWERSH-QQQ  QQQ US 10/22/11 C41       52.2  54.2  13.27  -14.1    256
SPY    SPDR S&P 50  SPY US 10/22/11 C88       48.0  56.7  25.64  -17.1   3506
QQQ    POWERSH-QQQ  QQQ US 11/19/11 C35       43.0  57.5  19.10  -10.7    300
QQQ    POWERSH-QQQ  QQQ US 10/22/11 C40       36.1  52.5  14.25  -13.7    381
TLT    ISHARES BAR  TLT US 12/17/11 C100      34.8  29.2  21.85   47.1   1360
SPY    SPDR S&P 50  SPY US 10/22/11 C96       34.4  50.6  18.58  -20.1    322
AMJ    JPM-ALERIAN  AMJ US 10/22/11 P34       34.1  40.4   0.85   70.0    527
EUO    PROSH-UL/SH  EUO US 11/19/11 C15       30.9  29.3   4.10   13.9   1631
KFT    KRAFT FOODS  KFT US 01/19/13 P20       30.2  38.3   0.62   19.2    300
AVB    AVALONBAY C  AVB US 10/22/11 P120      28.3  43.0   9.30   91.8    211
TZA    SMALL CAP B  TZA US 10/22/11 C30       27.7  87.5  22.40   35.8   4040
NETL   NETLOGIC MI  NETL US 04/21/12 C49      27.0  11.2   0.91   -4.2    290
C      CITIGROUP I  C1 US 01/21/12 P7.5       26.2  98.8   5.05    5.2    600
ENER   ENERGY CONV  ENER US 10/22/11 C1       25.3 168.0   0.14    0.0    219
SPY    SPDR S&P 50  SPY US 10/22/11 C99       24.6  47.9  15.45  -29.8    252
NCT    NEWCASTLE I  NCT US 05/19/12 P2.5      24.4  97.6   0.30    0.0    240
QQQ    POWERSH-QQQ  QQQ US 10/22/11 C47       24.3  46.3   7.81  -15.4    369
SPY    SPDR S&P 50  SPY US 11/19/11 C89       23.7  50.0  24.90  -18.7    400
GIS    GENERAL MIL  GIS US 10/22/11 P39       23.1  23.1   0.91  -22.2    484
SPY    SPDR S&P 50  SPY US 10/22/11 C100      22.8  47.2  14.37  -19.4   1222
PZG    PARAMOUNT G  PZG US 10/22/11 P2.5      22.7 104.5   0.20  100.0    231
FXC    CRYSHS-CAN   FXC US 10/22/11 P100      22.5  14.1   3.60  132.3    225
EM     EMDEON INC-  EM US 01/21/12 P17.5      21.9  14.0   0.10  100.0    270
SPY    SPDR S&P 50  SPY US 10/22/11 C101      21.8  46.5  13.49  -29.8   1436
FXA    CRYSHS-AUS   FXA US 10/22/11 P103      21.2  21.1   5.70   83.9    238
MHS    MEDCO HEALT  MHS US 01/21/12 P45       21.0  40.6   2.37    5.3   2000
WLT    WALTER ENER  WLT US 10/22/11 P45       20.8  83.8   0.38  153.3    372
QQQ    POWERSH-QQQ  QQQ US 10/22/11 C48       20.8  44.8   6.51  -23.3    353
REE    RARE ELEMEN  REE US 10/22/11 C6        20.7  76.0   0.52  -42.2    206
DANG   E-COMMERCE   DANG US 01/21/12 C4       20.7 102.1   1.50  -30.2    309
TLT    ISHARES BAR  TLT US 10/22/11 C106      20.6  28.2  15.60   30.0    454
GIS    GENERAL MIL  GIS US 10/22/11 C39       20.5  23.2   1.04   96.2    305
R      RYDER SYSTE  R US 10/22/11 P37.5       20.2  50.9   1.55    0.0    430
SQQQ   PROSHARES U  SQQQ US 10/22/11 C23      20.1  97.0   3.60   44.0    296
VICL   VICAL INC    VICL US 11/19/11 C2.5     19.9 112.9   0.35  -30.0    300
FXC    CRYSHS-CAN   FXC US 10/22/11 P97       19.7  15.2   1.80  157.1    328
GKK    GRAMERCY CA  GKK US 11/19/11 C2.5      19.6 108.8   0.75  -28.6    200
VOC    VOC ENERGY   VOC US 11/19/11 P20       19.6  50.4   1.30   44.4    288
SPY    SPDR S&P 50  SPY US 10/22/11 C102      19.4  45.4  12.72  -18.2   1214
SVNT   SAVIENT PHA  SVNT US 01/21/12 C4       19.1  83.3   0.70  -28.6    200
RRC    RANGE RESOU  RRC US 10/22/11 P52.5     19.1  84.9   0.80   33.3    233
XLU    SPDR-UTIL S  XLU US 01/21/12 C32       19.0  24.1   2.28  -31.9    200
AKS    AK STEEL HL  AKS US 10/22/11 C7        18.2  85.8   0.69  -29.6    288
IO     ION GEOPHYS  IO US 02/18/12 P4         18.2  87.8   0.40    0.0    250
AKS    AK STEEL HL  AKS US 10/22/11 P6        18.2  96.4   0.29  123.1   3831
LINE   LINN ENERGY  LINE US 10/22/11 P35      18.2  38.4   1.10  144.4    436
GIS    GENERAL MIL  GIS US 10/22/11 C40       18.1  22.4   0.63  152.0   1742
TLT    ISHARES BAR  TLT US 10/22/11 C110      17.9  28.0  11.75   30.6    372
AKS    AK STEEL HL  AKS US 10/22/11 P7        17.9  84.7   0.65  103.1   1799
RRC    RANGE RESOU  RRC US 11/19/11 P60       17.8  72.9   3.90   39.3    517
SPY    SPDR S&P 50  SPY US 10/22/11 C103      17.7  44.5  11.85  -21.2   2602
SPY    SPDR S&P 50  SPY US 10/22/11 C104      17.3  43.8  11.18  -19.3   2368
V      VISA INC-CL  V US 10/22/11 P92.5       17.2  43.0   6.05   37.5    646
SPY    SPDR S&P 50  SPY US 11/19/11 C94       17.0  47.2  20.42  -21.2    806
GIS    GENERAL MIL  GIS US 10/22/11 C41       16.8  22.6   0.37  131.2   1813
RMBS   RAMBUS INC   RMBS US 10/22/11 P12      16.7 209.3   2.26   29.1    225
DAN    DANA HOLDIN  DAN US 10/22/11 P10       16.7  85.2   0.75  150.0    231
VXX    IPATH-S&P S  VXX US 10/22/11 P50       16.7  91.1   5.70  -23.0    344
AKS    AK STEEL HL  AKS US 11/19/11 P5        16.7 101.7   0.28    0.0    539
FCX    FREEPORT-MC  FCX US 10/22/11 C33       16.6  67.7   2.23  -39.7   5837
SKF    PROSHARES U  SKF US 01/21/12 C90       16.5  88.6  16.30   46.9    244
NETL   NETLOGIC MI  NETL US 04/21/12 C50      16.4   4.6   0.25  150.0    298
IWM    ISHARES-RUS  IWM US 10/22/11 C59       16.3  53.0   7.68  -14.6    308
ZSL    PRSH-ULTSH   ZSL US 10/22/11 P12       16.3  92.0   0.50  -41.2    520
GOV    GOVERNMENT   GOV US 12/17/11 P20       16.2  31.9   0.80   77.8    200
VXX    IPATH-S&P S  VXX US 10/22/11 P48       16.2  89.7   4.54  -35.1   1790
AVGO   AVAGO TECHN  AVGO US 10/22/11 P35      16.1  58.2   2.75  139.1   1954
HST    HOST HOTELS  HST US 01/21/12 P11       16.1  57.9   1.70   79.0   4669
SINA   SINA CORP    SINA US 10/22/11 P50      16.1 117.8   0.45  125.0    252
VNO    VORNADO RLT  VNO US 10/22/11 P60       16.1  67.3   0.55    0.0    630
V      VISA INC-CL  V US 10/22/11 P90         16.0  44.3   4.85   47.0    796
TWM    PROSHARES U  TWM US 10/22/11 P40       15.9  85.3   0.10  -80.0    324
XME    SPDR S&P ME  XME US 10/22/11 P45       15.9  62.9   2.45  120.7   8000
MA     MASTERCARD   MA US 10/22/11 P330       15.8  49.1  16.40   49.8    272
QQQ    POWERSH-QQQ  QQQ US 10/22/11 C50       15.8  41.7   4.94  -17.8    426
NSC    NORFOLK SOU  NSC US 10/22/11 P55       15.8  53.2   1.10   29.4    445
NLY    ANNALY CAPI  NLY US 10/22/11 P15       15.7  37.1   0.09   50.0    217
V      VISA INC-CL  V US 10/22/11 C90         15.7  44.4   4.15  -14.8    486
MCP    MOLYCORP IN  MCP US 10/22/11 P25       15.6 123.8   0.80  220.0    585
TZA    SMALL CAP B  TZA US 10/22/11 C48       15.4 125.9  10.25   36.7   1556
GIS    GENERAL MIL  GIS US 11/19/11 C41       15.4  22.2   0.66  106.2    807
SPY    SPDR S&P 50  SPY US 10/22/11 C106      15.3  42.4   9.46  -21.8   5420
SPY    SPDR S&P 50  SPY US 10/22/11 C105      15.3  43.2  10.26  -23.9   5160
FCX    FREEPORT-MC  FCX US 10/22/11 P33       15.2  66.4   2.76  120.8  13198
VIA/B  VIACOM INC-  VIAB US 11/19/11 P40      15.2  51.9   2.45  157.9    452
MCP    MOLYCORP IN  MCP US 12/17/11 P32.5     15.2  97.4   4.90   67.8    275
FCX    FREEPORT-MC  FCX US 10/22/11 P30       15.1  69.5   1.45  178.8   4653
VXX    IPATH-S&P S  VXX US 11/19/11 P30       15.1  80.3   0.35  -20.4    512
VXX    IPATH-S&P S  VXX US 10/22/11 P47       15.1  88.3   4.05  -27.7    524
EDU    NEW ORIENTA  EDU US 01/21/12 P22.5     15.1  77.5   1.95   69.6    368
IWM    ISHARES-RUS  IWM US 10/22/11 C60       15.0  51.9   6.52  -20.1    911
IWM    ISHARES-RUS  IWM US 10/22/11 C60       15.0  51.9   6.52  -20.1    911
FXC    CRYSHS-CAN   FXC US 11/19/11 P94       15.0  16.3   1.55    0.0    274
IEF    ISHARES 7-1  IEF US 10/22/11 P103      14.9  12.6   0.50  -16.7   1502
TYD    DIR-D 7-10Y  TYD US 11/19/11 P62.44    14.9  37.1   0.15  -97.2    200
FCX    FREEPORT-MC  FCX US 10/22/11 C30       14.9  71.3   4.25  -30.7   1794
MCP    MOLYCORP IN  MCP US 10/22/11 C30       14.9 110.5   7.20  -41.9    212
XLU    SPDR-UTIL S  XLU US 10/22/11 P30       14.9  31.1   0.21  250.0    434
SQQQ   PROSHARES U  SQQQ US 10/22/11 C26      14.9 108.8   2.55   59.4    386
C      CITIGROUP I  C1 US 01/21/12 P4         14.9  52.1   1.59   17.8    510
RMBS   RAMBUS INC   RMBS US 10/22/11 P11      14.8 210.2   1.79   23.4   5030
FRO    FRONTLINE L  FRO US 11/19/11 P5        14.7 101.1   0.70   40.0   6660
MCP    MOLYCORP IN  MCP US 10/22/11 C35       14.7 101.8   4.65  -35.9    932
CF     CF INDUSTRI  CF US 10/22/11 P145       14.6  60.5  10.00   85.2    206
VXX    IPATH-S&P S  VXX US 10/22/11 P46       14.5  88.2   3.60  -24.2    294
WTW    WEIGHT WATC  WTW US 10/22/11 P55       14.5  55.4   4.50   40.6    226
MCP    MOLYCORP IN  MCP US 10/22/11 P27.5     14.4 117.2   1.21  188.1    641
C      CITIGROUP I  C1 US 01/19/13 P4         14.4  53.9   1.73   20.1   4850
ZSL    PRSH-ULTSH   ZSL US 10/22/11 P14       14.4  93.6   1.40  -31.7    560
KMP    KINDER MORG  KMP US 10/22/11 P70       14.4  26.1   2.52   85.3    398
CMI    CUMMINS INC  CMI US 10/22/11 P60       14.2  80.7   0.30  233.3    511
VIA/B  VIACOM INC-  VIAB US 10/22/11 P35      14.2  64.8   0.55    0.0    282
LM     LEGG MASON   LM US 01/21/12 P24        14.2  57.8   2.95   63.9    602
IWM    ISHARES-RUS  IWM US 10/22/11 C61       14.2  50.8   5.79  -18.6   1059
SLV    ISHARES SIL  SLV US 10/22/11 P37       14.2  47.6   2.65  126.5   3914
TLT    ISHARES BAR  TLT US 10/22/11 C116      14.2  25.2   6.67   58.1    216
SPY    SPDR S&P 50  SPY US 10/22/11 C107      14.1  41.6   8.71  -22.2   4832
SDS    PROSHARES U  SDS US 10/22/11 P20       14.1  55.9   0.10  -28.6    384
SLV    ISHARES SIL  SLV US 10/22/11 C37       14.1  47.2   1.43  -47.0   3350
IRE    BANK IRELAN  IRE US 01/21/12 C1        14.1  87.3   0.20    0.0    343
IEF    ISHARES 7-1  IEF US 10/22/11 P104      14.1  12.0   0.65  -31.6    825
VXX    IPATH-S&P S  VXX US 10/22/11 P45       14.0  86.6   3.04  -24.0   1022
XLV    SPDR-HEALTH  XLV US 10/22/11 C33       14.0  26.2   0.40  -49.4   1040
CL     COLGATE-PAL  CL US 10/22/11 P90        14.0  28.2   4.60   70.4    509
X      US STEEL CO  X US 10/22/11 P23         14.0  74.1   2.10  107.9   1670
ERX    ENERGY BULL  ERX US 01/21/12 P25       14.0 130.2   5.00   75.4    238
MCP    MOLYCORP IN  MCP US 10/22/11 P37.5     13.9 100.0   4.90   73.8    417
MCP    MOLYCORP IN  MCP US 10/22/11 P32.5     13.9 106.9   2.74  119.2    594
RRC    RANGE RESOU  RRC US 10/22/11 P60       13.8  79.4   2.20   11.7    500
MCP    MOLYCORP IN  MCP US 01/21/12 P35       13.8  91.8   7.19   59.8    225
MCP    MOLYCORP IN  MCP US 10/22/11 P30       13.8 111.4   1.82  139.5    549
CF     CF INDUSTRI  CF US 10/22/11 C145       13.7  61.5  10.30  -29.0    215
SDRL   SEADRILL LT  SDRL US 10/22/11 P29.8    13.7  41.3   1.40  154.6    265
KMP    KINDER MORG  KMP US 10/22/11 C70       13.6  24.7   1.36  -36.7    222
DANG   E-COMMERCE   DANG US 10/22/11 P5       13.6 103.9   0.66   88.6    821
X      US STEEL CO  X US 10/22/11 P20         13.6  81.0   0.92  155.6   4260
SKF    PROSHARES U  SKF US 10/22/11 C90       13.6  96.7   8.45   57.9    516
V      VISA INC-CL  V US 10/22/11 P87.5       13.5  45.7   3.75   53.1    228
AKS    AK STEEL HL  AKS US 11/19/11 C7        13.4  85.0   0.90  -31.3   4158
SDS    PROSHARES U  SDS US 10/22/11 C20       13.2  52.9   5.75   35.3    835
LDK    LDK SOLAR C  LDK US 10/22/11 P3        13.1 133.3   0.28   75.0    315
CSCO   CISCO SYSTE  CSCO US 10/22/11 C16      13.1  38.4   0.40  -23.1   8930
FCX    FREEPORT-MC  FCX US 10/22/11 P28       13.1  72.0   0.87  248.0   1624
CMI    CUMMINS INC  CMI US 10/22/11 C90       13.1  57.5   4.70  -25.4    429
SWN    SOUTHWESTRN  SWN US 10/22/11 C37       13.0  54.3   1.55  -55.1   1356
CE     CELANESE CO  CE US 10/22/11 C35        13.0  67.7   2.70  -48.1    617
LM     LEGG MASON   LM US 01/21/12 P22.5      13.0  60.4   2.25    9.8    623
CL     COLGATE-PAL  CL US 10/22/11 C90        12.9  28.6   1.42  -47.2    276
NILE   BLUE NILE I  NILE US 10/22/11 P35      12.9  69.8   3.40   28.3    375
QQQ    POWERSH-QQQ  QQQ US 10/22/11 C52       12.8  38.7   3.35  -24.9   7943
SINA   SINA CORP    SINA US 10/22/11 P55      12.8 115.9   0.75   87.5    586
OIH    OIL SVC HLD  OIH US 10/22/11 P90       12.8  67.6   1.20  242.9    954
CSCO   CISCO SYSTE  CSCO US 10/22/11 P16      12.8  38.0   1.08   46.0   1207
SPY    SPDR S&P 50  SPY US 11/19/11 C99       12.8  43.8  16.19  -19.5    400
SIRI   SIRIUS XM R  SIRI US 10/22/11 C1.5     12.8  72.9   0.26  -25.7   1814
IDCC   INTERDIGITA  IDCC US 10/22/11 P55      12.8 138.4   7.80   23.8    727
SINA   SINA CORP    SINA US 10/22/11 P60      12.8 113.0   1.52  102.7   1076
TLT    ISHARES BAR  TLT US 10/22/11 P112      12.8  26.1   0.62  -29.6    618
IWM    ISHARES-RUS  IWM US 10/22/11 C62       12.7  49.8   5.16  -16.8    923
EXAS   EXACT SCIEN  EXAS US 10/22/11 C7       12.7  76.4   0.35  -37.5    210
V      VISA INC-CL  V US 10/22/11 C87.5       12.7  45.6   5.65  -19.5    724
SPY    SPDR S&P 50  SPY US 10/22/11 C108      12.7  40.8   7.98  -29.1   5292
TLT    ISHARES BAR  TLT US 10/22/11 P107      12.7  28.4   0.22  -31.2    384
EEM    ISHARES-EMG  EEM US 10/22/11 C35       12.7  51.1   2.42  -34.6    890
FXI    ISHARES FTS  FXI US 10/22/11 P21       12.7  85.1   0.07   16.7    206
SWN    SOUTHWESTRN  SWN US 10/22/11 P37       12.6  54.1   2.91  132.8    340
DXD    PROSHARES U  DXD US 10/22/11 C21       12.6  65.4   1.70   88.9    400
TLT    ISHARES BAR  TLT US 10/22/11 P110      12.5  26.9   0.42  -25.0    394
SKF    PROSHARES U  SKF US 10/22/11 C89       12.5  95.8   8.80  212.1    326
CMI    CUMMINS INC  CMI US 10/22/11 P70       12.5  71.5   1.05  200.0    200
LVS    LAS VEGAS S  LVS US 10/22/11 C47       12.5  55.6   2.51  -27.2   1166
GMCR   GREEN MOUNT  GMCR US 01/21/12 P30      12.4 115.4   0.41   95.2    331
TZA    SMALL CAP B  TZA US 10/22/11 C45       12.4 121.3  11.60   33.3    366
ZSL    PRSH-ULTSH   ZSL US 10/22/11 C15       12.3  88.6   1.20  166.7   2766
XLE    SPDR-ENERGY  XLE US 10/22/11 C53       12.3  55.5   8.25    0.0   7000
AEO    AMER EAGLE   AEO US 10/22/11 P10       12.2  55.5   0.25    0.0    222
LVS    LAS VEGAS S  LVS US 10/22/11 C48       12.2  54.8   2.02  -28.6    586
CEDC   CENTRAL EUR  CEDC US 12/17/11 P2.5     12.2 158.2   0.15   50.0    311
IWM    ISHARES-RUS  IWM US 10/22/11 C63       12.2  48.7   4.51  -19.2   1084
T      AT&T INC     T US 10/22/11 C29         12.2  24.4   0.21  -32.3   3622
MCP    MOLYCORP IN  MCP US 11/19/11 C35       12.2  96.3   5.70  -30.5    215
VXX    IPATH-S&P S  VXX US 10/22/11 P44       12.2  86.2   2.48  -29.1    512
V      VISA INC-CL  V US 10/22/11 P85         12.1  47.8   2.90   59.3    620
MGA    MAGNA INTL   MGA US 10/22/11 P32       12.1  54.0   1.90  227.6    684
SWN    SOUTHWESTRN  SWN US 10/22/11 P34       12.1  57.0   1.60  233.3    304
VXX    IPATH-S&P S  VXX US 10/22/11 P38       12.0  81.8   0.73  -30.5   1496
DOW    DOW CHEMICA  DOW US 10/22/11 C25       12.0  56.1   0.88  -46.0   1222
MCP    MOLYCORP IN  MCP US 10/22/11 P35       12.0 101.4   3.70   94.7    455
VXX    IPATH-S&P S  VXX US 10/22/11 P43       12.0  85.5   2.07  -28.6   1562
SLV    ISHARES SIL  SLV US 10/22/11 P36       11.9  47.7   2.06  148.2  11016
TLT    ISHARES BAR  TLT US 10/22/11 P106      11.9  28.6   0.19  -20.8    384
SPY    SPDR S&P 50  SPY US 10/22/11 C109      11.9  40.0   7.27  -33.9  17906
LVS    LAS VEGAS S  LVS US 10/22/11 P48       11.8  54.3   3.60   45.8    277
SWC    STILLWATER   SWC US 10/22/11 P9        11.8  94.4   0.95  216.7    336
VXX    IPATH-S&P S  VXX US 10/22/11 P42       11.8  84.4   1.78  -27.4    436
CLWR   CLEARWIRE -  CLWR US 03/17/12 P1       11.7 208.1   0.35   40.0    600
SCMR   SYCAMORE NE  SCMR US 03/17/12 C15      11.7  64.7   3.50    0.0   1522
SLV    ISHARES SIL  SLV US 10/22/11 C36       11.7  47.3   1.81  -47.2   8902
FFIV   F5 NETWORKS  FFIV US 10/22/11 C77.5    11.7  67.9   4.40  -19.4    523
TLT    ISHARES BAR  TLT US 10/22/11 C119      11.7  24.8   4.70   76.7    414
RMBS   RAMBUS INC   RMBS US 11/19/11 P9       11.6 161.1   1.09   19.8   1285
TLT    ISHARES BAR  TLT US 10/22/11 P114      11.6  25.4   0.92  -31.9   1126
GFI    GOLD FIELDS  GFI US 10/22/11 C17       11.6  44.6   0.86  -43.4    944
IRE    BANK IRELAN  IRE US 04/21/12 C1        11.6  83.2   0.20  -20.0    610
FAST   FASTENAL CO  FAST US 01/21/12 P24.79   11.5  56.3   0.75   15.4   2114
CMI    CUMMINS INC  CMI US 10/22/11 P85       11.5  60.1   4.40   65.4    698
VXX    IPATH-S&P S  VXX US 10/22/11 P40       11.5  83.0   1.20  -32.6    682
NLY    ANNALY CAPI  NLY US 10/22/11 P16       11.5  29.8   0.17   13.3    895
S      SPRINT NEXT  S US 10/22/11 P3          11.5  75.9   0.22   69.2   1472
DNN    DENISON MIN  DNN US 01/21/12 C1        11.4 119.4   0.45  -25.0    231
VXX    IPATH-S&P S  VXX US 10/22/11 P41       11.4  83.9   1.50  -27.5    444
BG     BUNGE LTD    BG US 11/19/11 P57.5      11.4  41.6   3.70   64.4   1382
IWM    ISHARES-RUS  IWM US 10/22/11 C64       11.4  47.6   3.99  -18.2   2189
TLT    ISHARES BAR  TLT US 10/22/11 P113      11.4  25.6   0.76  -36.1    598
VXX    IPATH-S&P S  VXX US 10/22/11 P39       11.4  82.6   0.96  -36.0    252
LVS    LAS VEGAS S  LVS US 10/22/11 P46       11.3  56.2   2.88   69.4   1089
YONG   YONGYE INTE  YONG US 10/22/11 P5       11.3  77.4   0.55   57.1    520
RMBS   RAMBUS INC   RMBS US 11/19/11 P11      11.3 157.8   1.93   20.6    211
SLV    ISHARES SIL  SLV US 01/21/12 C20       11.3  59.1  15.80  -15.7   1556
EDU    NEW ORIENTA  EDU US 01/21/12 P20       11.3  81.3   1.70   54.5    368
QQQ    POWERSH-QQQ  QQQ US 10/22/11 C53       11.3  37.0   2.70  -26.8   4173
AKS    AK STEEL HL  AKS US 11/19/11 P6        11.3  91.4   0.54   80.0   9344
SDS    PROSHARES U  SDS US 10/22/11 P21       11.3  59.5   0.22  -33.3   1398
TLT    ISHARES BAR  TLT US 10/22/11 P118      11.3  25.0   1.93  -34.6   5248
X      US STEEL CO  X US 10/22/11 P18         11.3  87.9   0.47  213.3    666
NEM    NEWMONT MIN  NEM US 10/22/11 P67.5     11.3  40.5   4.20   53.9    265
XRX    XEROX CORP   XRX US 10/22/11 C7        11.3  54.4   0.53  -24.3    372
EWG    ISHARES-GER  EWG US 10/22/11 P16       11.2  69.3   0.50   42.9    451
NLY    ANNALY CAPI  NLY US 10/22/11 C18       11.2  20.8   0.15   50.0   2825
OIH    OIL SVC HLD  OIH US 10/22/11 P95       11.2  64.4   2.00  166.7    288
CHK    CHESAPEAKE   CHK US 10/22/11 C29       11.2  55.1   1.21  -34.6   1403
CF     CF INDUSTRI  CF US 10/22/11 P130       11.2  63.6   4.00  105.1    384
SPY    SPDR S&P 50  SPY US 10/22/11 C110      11.2  39.3   6.59  -25.6  14606
ZSL    PRSH-ULTSH   ZSL US 11/19/11 C12       11.2  91.6   3.10   59.0    230
CMI    CUMMINS INC  CMI US 10/22/11 P80       11.2  63.6   2.80   75.0    334
DD     DU PONT (EI  DD US 10/22/11 C43        11.2  41.9   1.41  -52.8    411
NLY    ANNALY CAPI  NLY US 10/22/11 P17       11.2  23.5   0.39   -4.9   1988
CF     CF INDUSTRI  CF US 10/22/11 P125       11.2  65.2   2.80  154.6    331
ABV    AMBEV-PRF A  ABV US 10/22/11 P26.99    11.2  48.9   0.45  125.0    600
SWN    SOUTHWESTRN  SWN US 11/19/11 P36       11.1  55.6   3.50  108.3    622
CLF    CLIFFS NATU  CLF US 10/22/11 C55       11.1  71.8   5.20  -38.1    279
SCCO   SOUTHERN CO  SCCO US 10/22/11 P25      11.1  58.4   1.15  187.5    588
BG     BUNGE LTD    BG US 10/22/11 P57.5      11.1  42.1   3.03  142.4    326
SPXU   PROSHARES U  SPXU US 10/22/11 C21      11.0 111.6   2.55   82.1   1442
SWN    SOUTHWESTRN  SWN US 10/22/11 P33       11.0  57.8   1.19  271.9    394
TOT    TOTAL SA-SP  TOT US 10/22/11 P42.5     11.0  44.8   2.70   68.8    248
LM     LEGG MASON   LM US 01/21/12 P21        11.0  62.9   1.75    2.9    661
SMG    SCOTTS MIRA  SMG US 11/19/11 P40       11.0  42.1   1.50    0.0   2042
TLT    ISHARES BAR  TLT US 10/22/11 P116      11.0  25.0   1.36  -32.0    268
SLV    ISHARES SIL  SLV US 10/22/11 C35       10.9  47.7   2.41  -39.8   4470
GMCR   GREEN MOUNT  GMCR US 10/22/11 C90      10.9  82.0  16.95  -22.1   1756
IWM    ISHARES-RUS  IWM US 10/22/11 C65       10.9  46.4   3.32  -16.8   3754
ROST   ROSS STORES  ROST US 10/22/11 P77.5    10.9  36.9   2.90   65.7   1321
LINE   LINN ENERGY  LINE US 10/22/11 P34      10.9  38.0   0.70  180.0    275
MCP    MOLYCORP IN  MCP US 11/19/11 P35       10.9  96.2   4.95   59.7    244
SD     SANDRIDGE E  SD US 10/22/11 P6         10.9  89.6   0.45   60.7    536
WFT    WEATHERFORD  WFT US 10/22/11 P14       10.8  65.3   1.21   95.2    494
V      VISA INC-CL  V US 10/22/11 P82.5       10.8  49.9   2.05   58.9    224
DANG   E-COMMERCE   DANG US 03/17/12 C4       10.8  95.6   1.65  -25.0    377
FFIV   F5 NETWORKS  FFIV US 10/22/11 P75      10.8  68.9   6.35   38.0    251
TLT    ISHARES BAR  TLT US 10/22/11 P105      10.8  29.4   0.15  -28.6    236
SVNT   SAVIENT PHA  SVNT US 10/22/11 P4       10.8  81.3   0.37   76.2    242
V      VISA INC-CL  V US 11/19/11 P90         10.8  42.8   6.50   49.4    210
IWM    ISHARES-RUS  IWM US 10/22/11 C66       10.7  45.2   2.75  -19.6   1702
SLV    ISHARES SIL  SLV US 10/22/11 C32       10.7  51.3   4.50  -35.2    346
FCX    FREEPORT-MC  FCX US 11/19/11 P34.5     10.7  61.8   4.40   67.3  15485
SPY    SPDR S&P 50  SPY US 10/22/11 C111      10.7  38.5   5.93  -26.9  22042
LVS    LAS VEGAS S  LVS US 10/22/11 C46       10.7  56.4   2.95  -27.2    876
DOW    DOW CHEMICA  DOW US 10/22/11 C24       10.7  58.2   1.37  -41.5    542
RMBS   RAMBUS INC   RMBS US 11/19/11 C10      10.7 159.9   4.95    6.5    300
SWN    SOUTHWESTRN  SWN US 10/22/11 P31       10.7  60.1   0.66  340.0    702
AUY    YAMANA GOLD  AUY US 10/22/11 C15       10.6  52.5   0.82  -52.0    461
TLT    ISHARES BAR  TLT US 10/22/11 P115      10.6  25.1   1.10  -33.7    830
XLV    SPDR-HEALTH  XLV US 12/17/11 C30       10.6  31.3   2.66  -32.7    632
NEM    NEWMONT MIN  NEM US 10/22/11 C67.5     10.6  40.6   2.01  -30.9    884
SIRI   SIRIUS XM R  SIRI US 10/22/11 C1       10.6 138.5   0.72   -8.9   2462
GFI    GOLD FIELDS  GFI US 10/22/11 P17       10.6  45.2   0.87  171.9    740
SWN    SOUTHWESTRN  SWN US 11/19/11 C36       10.6  55.5   2.98  -45.3    726
WFT    WEATHERFORD  WFT US 10/22/11 C14       10.6  65.5   0.83  -52.3   1424
WFT    WEATHERFORD  WFT US 11/19/11 C14       10.6  66.9   1.32  -49.8   4000
YOKU   YOUKU.COM I  YOKU US 10/22/11 P14      10.6 112.9   1.35   68.8   1394
EEM    ISHARES-EMG  EEM US 10/22/11 C37       10.5  47.1   1.38  -36.7   2207
RIMM   RESEARCH IN  RIMM US 10/22/11 P15      10.5  87.3   0.14   40.0    303
IWM    ISHARES-RUS  IWM US 10/22/11 C67       10.5  44.0   2.36  -16.3   2211
LNG    CHENIERE EN  LNG US 10/22/11 P6        10.5 101.2   0.61   48.8    415
EEM    ISHARES-EMG  EEM US 11/19/11 C36       10.5  47.2   2.55  -33.8    773
FXI    ISHARES FTS  FXI US 10/22/11 P22       10.5  80.9   0.12   33.3    240
VXX    IPATH-S&P S  VXX US 11/19/11 P42       10.5  85.0   3.35  -26.4    208
SKX    SKECHERS US  SKX US 10/22/11 P14       10.4  63.0   0.60  100.0    482
DOW    DOW CHEMICA  DOW US 10/22/11 P24       10.4  58.0   1.64   95.2    605
JBLU   JETBLUE AIR  JBLU US 12/17/11 P4       10.4  66.1   0.45   40.6    300
QQQ    POWERSH-QQQ  QQQ US 10/22/11 C56       10.4  32.3   1.11  -30.6  11600
SD     SANDRIDGE E  SD US 10/22/11 C6         10.4  90.5   0.81  -33.6    306
FFIV   F5 NETWORKS  FFIV US 10/22/11 C75      10.4  69.2   5.15  -24.3    205
LVS    LAS VEGAS S  LVS US 10/22/11 P47       10.4  54.8   3.35   55.8    329
ACI    ARCH COAL I  ACI US 10/22/11 P14       10.3  85.2   0.94   77.4    584
LVS    LAS VEGAS S  LVS US 10/22/11 C45       10.3  57.3   3.45  -24.2   1837
FXI    ISHARES FTS  FXI US 10/22/11 P26       10.3  66.5   0.29  123.1    205
GIS    GENERAL MIL  GIS US 01/21/12 P37.5     10.3  24.4   1.54   -4.9    241
SO     SOUTHERN CO  SO US 11/19/11 C41        10.3  22.9   1.64  -26.5    832
GMCR   GREEN MOUNT  GMCR US 10/22/11 P100     10.2  74.7   7.00   70.7   1101
TLT    ISHARES BAR  TLT US 10/22/11 C122      10.2  24.7   3.05   93.0   2226
CB     CHUBB CORP   CB US 10/22/11 P50        10.2  48.3   0.52   52.9    247
XLF    SPDR-FINL S  XLF US 11/19/11 C10       10.2  62.5   2.03  -23.1    332
SO     SOUTHERN CO  SO US 11/19/11 C42        10.2  21.3   1.08  -25.5    644
GIS    GENERAL MIL  GIS US 01/21/12 P36.25    10.1  25.6   1.12   -0.9    287
VALE   VALE SA-SP   VALE US 10/22/11 C25      10.1  47.2   0.85  -40.1   5716
XLF    SPDR-FINL S  XLF US 11/19/11 C9        10.1  69.2   2.90  -23.3    240
SLV    ISHARES SIL  SLV US 10/22/11 P35       10.1  48.0   1.58  163.3  12554
ZSL    PRSH-ULTSH   ZSL US 10/22/11 C14       10.1  87.1   1.60  146.2   1118
BIDU   BAIDU INC-S  BIDU US 10/22/11 P95      10.1  77.7   0.97  246.4    726
FCX    FREEPORT-MC  FCX US 11/19/11 C34.5     10.1  62.6   2.43  -32.7   1985
BIDU   BAIDU INC-S  BIDU US 10/22/11 C120     10.1  70.3  14.45  -42.0    258
IWM    ISHARES-RUS  IWM US 11/19/11 C60       10.1  48.2   7.66  -20.5    390
RRC    RANGE RESOU  RRC US 10/22/11 C70       10.1  76.2   6.50   20.4    327
SPY    SPDR S&P 50  SPY US 10/22/11 C112      10.1  37.6   5.32  -30.6  15170
VZ     VERIZON COM  VZ US 10/22/11 P37        10.1  22.6   2.37   31.7    626
CMG    CHIPOTLE ME  CMG US 10/22/11 P240      10.1  71.3   1.50   66.7    229
ZIP    ZIPCAR INC   ZIP US 10/22/11 P17.5     10.0  75.3   1.90   22.6    258
IEF    ISHARES 7-1  IEF US 10/22/11 C106      10.0   9.9   1.10   37.5    356
UUP    POWERSHARES  UUP US 12/17/11 C21       10.0  11.8   1.32   15.8   1072

Top Volatility Decreases



                         Contract            %Chg  Impl.
Ticker    Name           Description          Vol.  Vol.   Price  %Chg  Volume
=============================================================================
GR     GOODRICH CO  GR US 10/22/11 C120      -74.5   6.8   1.30  188.9   7041
GR     GOODRICH CO  GR US 10/22/11 C125      -66.6   9.2   0.15  -25.0   1714
GR     GOODRICH CO  GR US 11/19/11 C120      -64.8   7.5   1.85  164.3    478
GR     GOODRICH CO  GR US 10/22/11 P120      -62.0   7.2   0.65  -93.9   2047
ABX    BARRICK GOL  ABX US 10/22/11 C35      -57.7  53.9  14.30  -18.5    250
GR     GOODRICH CO  GR US 10/22/11 C105      -48.0  25.4  16.00   83.9    699
KGC    KINROSS GOL  KGC US 10/22/11 C12      -47.3  68.2   4.00    0.0   2000
NEM    NEWMONT MIN  NEM US 10/22/11 C45      -46.5  65.5  19.80    0.0    250
GR     GOODRICH CO  GR US 10/22/11 C110      -45.3  22.4  10.90  132.9    720
VXX    IPATH-S&P S  VXX US 01/21/12 C24      -44.5  46.9  25.30   25.2    218
ITUB   ITAU UNIBAN  ITUB US 10/22/11 C14     -43.6  56.7   1.35    0.0   1540
GR     GOODRICH CO  GR US 10/22/11 P115      -42.6  16.3   0.35  -94.6   1717
UCO    PRSH-ULT CR  UCO1 US 01/19/13 P6      -42.5 105.2   2.10  133.3    342
GR     GOODRICH CO  GR US 11/19/11 C100      -42.2  22.2  20.77   66.8   1030
GR     GOODRICH CO  GR US 10/22/11 C115      -41.5  16.6   6.20  313.3   4237
AVGO   AVAGO TECHN  AVGO US 10/22/11 C25     -41.1  64.9   9.50  -19.5    300
GR     GOODRICH CO  GR US 10/22/11 P110      -40.2  22.1   0.20  -95.8   1041
GR     GOODRICH CO  GR US 10/22/11 P105      -39.9  27.3   0.10  -97.4   1684
GR     GOODRICH CO  GR US 10/22/11 C100      -39.8  32.9  20.70   63.0    281
GR     GOODRICH CO  GR US 10/22/11 P100      -38.0  32.4   0.05  -98.0    864
XME    SPDR S&P ME  XME US 10/22/11 P37      -37.8  73.1   0.44  266.7    286
PCY    POWERSH-E M  PCY US 03/17/12 P27      -37.8   5.3   1.00    0.0    299
ARQL   ARQULE INC   ARQL US 01/21/12 C5      -37.7  55.5   0.65  -35.0    585
GR     GOODRICH CO  GR US 11/19/11 C110      -35.1  19.6  11.30  140.4   1493
CADX   CADENCE PHA  CADX US 02/18/12 C5      -34.5  30.3   1.15   -4.2    399
KGC    KINROSS GOL  KGC US 01/21/12 C10      -33.5  61.6   6.00  -18.9    250
LDK    LDK SOLAR C  LDK US 10/22/11 C3       -33.3  70.8   0.65  -42.0    560
XME    SPDR S&P ME  XME US 10/22/11 P39      -32.9  71.2   0.73  143.3    410
GR     GOODRICH CO  GR US 11/19/11 P110      -32.1  19.9   0.55  -87.5   1045
CNQ    CANADIAN NA  CNQ US 10/22/11 C25      -30.5  63.0   5.06    0.0    304
GR     GOODRICH CO  GR US 10/22/11 P95       -30.2  39.9   0.10  -94.6    280
GR     GOODRICH CO  GR US 05/19/12 C125      -30.0   9.6   1.90  192.3   3810
VXX    IPATH-S&P S  VXX US 10/22/11 C35      -29.7  73.4  13.60   23.6    500
AUY    YAMANA GOLD  AUY US 10/22/11 C11      -29.4  63.5   4.20  -24.3   2161
XME    SPDR S&P ME  XME US 10/22/11 P42      -27.3  67.0   1.30  120.3   8354
UDN    POWERSHARES  UDN US 03/17/12 C25      -24.9  11.7   2.43  -37.5    200
SPPI   SPECTRUM PH  SPPI US 11/19/11 C6      -24.6  94.0   2.25  -13.5    300
IVR    INVESCO MOR  IVR US 10/22/11 P15      -23.9  27.3   0.65   62.5    396
SLW    SILVER WHEA  SLW US 10/22/11 C33      -23.7  60.6   4.75  -47.2    536
CADX   CADENCE PHA  CADX US 05/19/12 C5      -21.1  29.7   1.15   -8.0    224
GR     GOODRICH CO  GR US 11/19/11 P120      -20.6   7.9   1.10    0.0    458
VXX    IPATH-S&P S  VXX US 10/22/11 C38      -19.3  77.3  11.01   35.9    242
TOT    TOTAL SA-SP  TOT US 11/19/11 C33      -19.1  57.9   9.00    0.0    400
CHK    CHESAPEAKE   CHK US 01/21/12 C10      -19.0 104.3  17.90  -16.7    279
NEM    NEWMONT MIN  NEM US 10/22/11 C55      -18.8  48.9  10.25  -31.2    252
NYT    NEW YORK TI  NYT US 04/21/12 C6       -18.8  68.1   1.10    0.0    225
AMAT   APPLIED MAT  AMAT US 10/22/11 C9      -18.8  53.7   1.55  -29.9    403
XLF    SPDR-FINL S  XLF US 10/22/11 P7       -17.6  85.5   0.04  300.0    200
NLY    ANNALY CAPI  NLY US 10/22/11 C15      -17.4  53.1   2.75    1.9    235
KMX    CARMAX INC   KMX US 10/22/11 P24      -16.9  50.0   0.90  125.0    576
FXP    PROSHARES U  FXP1 US 01/21/12 P11     -16.2 280.9   3.45    0.0    210
XME    SPDR S&P ME  XME US 10/22/11 P36      -15.9  74.3   0.33  106.2   1692
KMX    CARMAX INC   KMX US 10/22/11 P25      -15.8  47.8   1.30   85.7    277
MTL    MECHEL-SPON  MTL US 10/22/11 P10      -15.7  77.3   0.30    0.0    822
KMX    CARMAX INC   KMX US 10/22/11 C26      -15.6  47.2   1.00  -59.8    246
HPQ    HEWLETT-PAC  HPQ US 11/19/11 C15      -15.6  70.9   8.78   11.1    326
ABX    BARRICK GOL  ABX US 11/19/11 C45      -15.4  43.9   5.74  -44.0    281
VXX    IPATH-S&P S  VXX US 10/22/11 C40      -15.3  79.4   9.50   28.4    254
XME    SPDR S&P ME  XME US 10/22/11 P32      -15.2  78.9   0.14    0.0    376
LQD    ISHARES-IBO  LQD US 12/17/11 P112     -15.1   8.1   1.65  -56.6   2111
FXP    PROSHARES U  FXP1 US 01/21/12 P10     -15.1 277.2   2.49    0.0    230
HST    HOST HOTELS  HST US 10/22/11 C10      -14.6  64.7   0.94    0.0    578
MPEL   MELCO CROWN  MPEL US 10/22/11 C8      -14.4  91.2   2.40  -12.7    260
GM     GENERAL MOT  GM US 01/21/12 C17.5     -14.2  57.2   4.35  -14.7    220
KMX    CARMAX INC   KMX US 10/22/11 P26      -13.8  45.6   1.80   71.4    515
VXX    IPATH-S&P S  VXX US 01/21/12 C33      -13.5  70.3  16.80   40.6    242
GDXJ   MARKET VECT  GDXJ US 10/22/11 C30     -13.4  53.7   3.20  -43.9    522
SVM    SILVERCORP   SVM US 10/22/11 P6       -13.3 106.9   0.50    0.0    682
TOT    TOTAL SA-SP  TOT US 01/21/12 C40      -13.2  44.3   4.30  -30.6    202
NLY    ANNALY CAPI  NLY US 01/18/14 P5       -13.1  37.4   0.77    0.0    230
UNH    UNITEDHEALT  UNH US 01/21/12 C35      -12.9  51.4  13.00  -16.7   3018
TNA    SMALL CAP B  TNA US 10/22/11 C33      -12.9 138.7   6.20  -52.2    204
UTX    UNITED TECH  UTX US 11/19/11 C62.5    -12.7  49.0   9.65  -31.3    218
TIN    TEMPLE-INLA  TIN US 02/18/12 C26      -12.1  28.2   5.90   84.4    500
GDXJ   MARKET VECT  GDXJ US 01/21/12 C32     -12.0  50.9   3.70  -45.6   5416
LDK    LDK SOLAR C  LDK US 11/19/11 C2       -11.9 108.4   1.60    0.0    400
SVM    SILVERCORP   SVM US 10/22/11 P5       -11.6 124.3   0.25   25.0    754
SIL    GLOBAL X SI  SIL US 10/22/11 C25      -11.5  48.2   0.85  -68.5    424
AMRN   AMARIN CORP  AMRN US 03/17/12 C6      -10.8  93.1   5.30   -5.4    300
SDRL   SEADRILL LT  SDRL US 10/22/11 C29.8   -10.8  42.2   1.40  -50.9    200
DELL   DELL INC     DELL US 01/21/12 C11     -10.6  53.0   3.45  -17.1    760
BBBY   BED BATH &B  BBBY US 10/22/11 C60     -10.4  35.7   1.85   14.9   1783
TSLA   TESLA MOTOR  TSLA US 11/19/11 C20     -10.3  76.9   6.00    0.0    280
ALU    ALCATEL-LUC  ALU US 10/22/11 C3       -10.3  76.6   0.22  -45.0    225
BBBY   BED BATH &B  BBBY US 10/22/11 C57.5   -10.1  38.3   3.20   16.4    674
GDXJ   MARKET VECT  GDXJ US 01/21/12 C30     -10.1  54.6   5.10  -37.8   1336
CIGX   STAR SCIENT  CIGX US 10/22/11 P2      -10.0 103.3   0.05    0.0    200

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

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