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

By Bloomberg News - Dec 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 02/18/12 C29     239.6  14.8   0.25   25.0    247
CXS    CREXUS INVE  CXS US 03/17/12 P10       38.4  31.2   0.45    0.0    300
MO     ALTRIA GROU  MO US 01/21/12 C28        37.6  22.6   1.75   27.7    430
AMR    AMR CORP     AMR US 01/21/12 C0.5      27.8 107.7   0.12  -14.3    462
DISH   DISH NETWOR  DISH US 01/21/12 P28      26.7  41.3   1.75  -18.6    525
EUO    PROSH-UL/SH  EUO US 01/21/12 C18       24.8  22.4   1.82  -17.3    214
VZ     VERIZON COM  VZ US 01/21/12 C35        22.8  25.3   3.90    1.3    456
KBH    KB HOME      KBH US 01/21/12 P5        17.6 102.0   0.06    0.0    203
UUP    POWERSHARES  UUP US 01/21/12 C22       17.6  10.0   0.46  -27.0   2203
OPTR   OPTIMER PHA  OPTR US 01/21/12 C10      17.5  61.1   2.10    0.0    200
S      SPRINT NEXT  S US 01/21/12 P2          14.7  84.3   0.11    0.0    218
NLY    ANNALY CAPI  NLY US 01/19/13 C15       13.5  24.5   1.65   10.0    937
SAFM   SANDERSON F  SAFM US 02/18/12 C45      13.5  37.2   5.90   -1.7    212
NLY    ANNALY CAPI  NLY US 01/21/12 C15       13.3  30.1   1.60   19.4   1591
XME    SPDR S&P ME  XME US 01/21/12 C51       12.5  40.6   1.86   86.0    306
OKS    ONEOK PARTN  OKS US 01/21/12 P55       12.3  22.3   0.55  -21.4    805
STD    BANCO SANTA  STD US 01/21/12 P6        12.1  66.1   0.10  -33.3   1118
EWJ    ISHARES-JAP  EWJ US 01/21/12 P9        12.0  23.4   0.24  -25.0    341
DB     DEUTSCHE BA  DB US 01/21/12 P27.5      11.7  86.2   0.40  -24.5   3710
LGF    LIONS GATE   LGF US 01/21/12 C7.5      11.7  39.6   0.80  -23.1    625
PRX    PAR PHARMAC  PRX US 01/21/12 P30       10.8  38.5   0.50   -9.1    632
DAL    DELTA AIR L  DAL US 02/18/12 C5        10.6  93.2   3.70    4.2    267
AGNC   AMERICAN CA  AGNC US 01/21/12 C29      10.3  12.2   0.05  -16.7    808
VZ     VERIZON COM  VZ US 01/21/12 C37        10.1  18.2   2.01   21.8    580

Top Volatility Decreases



                         Contract            %Chg  Impl.
Ticker    Name           Description          Vol.  Vol.   Price  %Chg  Volume
=============================================================================
NETL   NETLOGIC MI  NETL US 04/21/12 C47     -53.1  11.1   2.90   -3.3    400
MELA   MELA SCIENC  MELA US 07/21/12 P3.5    -49.7 113.4   1.05    0.0    300
AGNC   AMERICAN CA  AGNC US 01/21/12 C28     -45.2  14.1   0.45  -50.0   1061
AGNC   AMERICAN CA  AGNC US 02/18/12 P28     -43.5  18.8   0.90    0.0    257
PLCE   CHILDRENS P  PLCE US 01/21/12 C45     -38.8  43.0   9.19  -12.7    368
AGNC   AMERICAN CA  AGNC US 01/21/12 P28     -36.3  14.9   0.51  -43.3    705
PGNX   PROGENICS P  PGNX US 01/21/12 C7      -32.8  75.1   1.45  107.1   2068
AGNC   AMERICAN CA  AGNC US 01/21/12 P29     -29.8  16.0   1.20  -22.1    220
AGNC   AMERICAN CA  AGNC US 01/21/12 P27     -25.9  17.8   0.25  -39.0   1720
RHT    RED HAT INC  RHT US 01/21/12 C44      -25.2  38.5   1.25  -68.0    247
RHT    RED HAT INC  RHT US 01/21/12 P40      -24.8  42.0   1.20   60.0    846
RHT    RED HAT INC  RHT US 01/21/12 P39      -24.7  42.0   0.90   38.5   1061
RHT    RED HAT INC  RHT US 01/21/12 P36      -24.5  44.0   0.30   50.0    213
RHT    RED HAT INC  RHT US 01/21/12 P44      -23.3  38.5   2.65   43.2    292
RHT    RED HAT INC  RHT US 01/21/12 P41      -23.1  41.1   1.35   42.1    807
JEF    JEFFERIES G  JEF US 01/21/12 C14      -22.0  52.9   1.00  270.4   2099
STP    SUNTECH POW  STP US 01/21/12 C2       -21.6  55.3   0.33   17.9    637
TRGT   TARGACEPT I  TRGT US 05/19/12 P5      -21.5  85.7   0.90   38.5   3010
JEF    JEFFERIES G  JEF US 01/21/12 P14      -20.6  64.2   0.95  -57.0   3817
BSBR   BANCO SANTA  BSBR US 01/21/12 C8      -20.1  33.2   0.25    0.0    205
SVM    SILVERCORP   SVM US 01/21/12 C6       -19.5  54.5   0.55   10.0   2433
CMC    COMMERCIAL   CMC US 01/21/12 C14      -19.2  24.4   0.45   28.6    284
ZMH    ZIMMER HLDG  ZMH US 01/21/12 C40      -18.8  39.9  10.50   31.2    265
BKU    BANKUNITED   BKU US 02/18/12 C22.5    -18.6  30.7   0.75    7.1   1436
RF     REGIONS FIN  RF US 01/21/12 P4        -17.5  46.7   0.20  -42.9   1311
CAG    CONAGRA FOO  CAG US 01/21/12 C26      -17.3  14.0   0.55  120.0    712
CVS    CVS CAREMAR  CVS US 01/21/12 C41      -16.7  21.2   0.30  328.6   1417
RPT    RAMCO-GERSH  RPT US 03/17/12 P7.5     -16.7  53.8   0.25    0.0    250
JEF    JEFFERIES G  JEF US 01/21/12 C11      -16.7  58.6   3.20  128.6    243
AGNC   AMERICAN CA  AGNC US 06/16/12 C29     -15.6  15.1   0.50    0.0    259
VXX    IPATH-S&P S  VXX US 01/21/12 P28      -15.6  54.4   0.10   66.7    297
CIE    COBALT INTE  CIE US 01/21/12 C12.5    -14.8  94.8   1.50   87.5   2042
BRCD   BROCADE COM  BRCD US 01/21/12 C5.5    -14.5  42.0   0.18   20.0   2328
LDK    LDK SOLAR C  LDK US 03/17/12 C5       -14.4  46.9   0.48    6.7    846
NAV    NAVISTAR IN  NAV US 01/21/12 C40      -14.4  41.6   1.58   85.9    202
IWM    ISHARES-RUS  IWM US 01/21/12 P77      -14.4  28.1   4.85  -29.0    241
JEF    JEFFERIES G  JEF US 04/21/12 C13      -14.2  55.6   2.30   58.6    253
AGNC   AMERICAN CA  AGNC US 03/17/12 C28     -14.1  17.8   0.90  -10.0    228
T      AT&T INC     T US 01/21/12 C30        -14.0  12.1   0.05    0.0   2613
CVS    CVS CAREMAR  CVS US 01/21/12 C40      -13.6  21.8   0.63  293.8   2614
CVS    CVS CAREMAR  CVS US 01/21/12 P39      -13.6  22.5   1.03  -59.6    221
DD     DU PONT (EI  DD US 02/18/12 P44       -13.6  28.9   1.87  -28.9    593
JEF    JEFFERIES G  JEF US 01/21/12 C12.5    -13.3  57.8   2.00  217.5   4004
LUV    SOUTHWEST A  LUV US 01/21/12 C9       -13.3  32.1   0.20   33.3    344
HIBB   HIBBETT SPO  HIBB US 04/21/12 C40     -13.2  41.2   7.48    6.9    233
OKE    ONEOK INC    OKE US 01/21/12 C85      -13.2  16.7   1.25   25.0   1003
CCE    COCA-COLA E  CCE US 05/19/12 C27      -13.2  23.7   1.20  -27.3    244
WY     WEYERHAEUSE  WY US 01/21/12 C17.5     -13.1  25.7   0.30   50.0    299
NVLS   NOVELLUS SY  NVLS US 01/21/12 C42     -12.9  33.4   0.95   18.8    510
TZA    DIR SMCAP B  TZA US 01/21/12 P19      -12.9  76.0   0.12    0.0    203
VXX    IPATH-S&P S  VXX US 01/21/12 P27      -12.8  54.4   0.05  -28.6    323
MHS    MEDCO HEALT  MHS US 01/21/12 C55      -12.3  31.2   2.50   16.3    506
LIZ    LIZ CLAIBOR  LIZ US 01/21/12 C8       -12.3  54.2   0.40   14.3    274
STEC   STEC INC     STEC US 01/21/12 P9      -12.0  52.6   0.53  -24.3   1011
MSFT   MICROSOFT C  MSFT US 01/21/12 C20     -12.0  44.7   6.05    7.1    425
CHK    CHESAPEAKE   CHK US 01/21/12 C24      -11.9  37.7   0.58   41.5    858
IWM    ISHARES-RUS  IWM US 01/21/12 P76      -11.7  28.9   4.12  -31.8    934
HIBB   HIBBETT SPO  HIBB US 04/21/12 C45     -11.6  39.1   4.42    2.8    233
OLN    OLIN CORP    OLN US 01/21/12 C20      -11.4  28.2   0.50   42.9    215
CLNE   CLEAN ENERG  CLNE US 01/21/12 C12.5   -11.4  42.4   0.50   42.9    266
PLCE   CHILDRENS P  PLCE US 06/16/12 C45     -11.3  42.1  11.29  -15.1    368
CAG    CONAGRA FOO  CAG US 01/21/12 C27      -11.3  15.2   0.20  300.0   1270
CFX    COLFAX CORP  CFX US 01/21/12 P30      -11.2  56.2   1.75  -25.5    502
SDS    PROSHARES U  SDS US 01/21/12 C17      -11.2  30.2   3.05  -26.5    239
LINE   LINN ENERGY  LINE US 01/21/12 C38     -11.0  15.6   0.55   22.2    258
MSI    MOTOROLA SO  MSI US 01/21/12 C48      -11.0  20.8   0.71   10.9    202
NVLS   NOVELLUS SY  NVLS US 01/21/12 C41     -10.9  33.9   1.30   18.2    206
RSX    MKT VECT-RU  RSX US 01/21/12 P27      -10.7  39.3   1.55  -29.6    510
CAT    CATERPILLAR  CAT US 01/21/12 C95      -10.6  29.7   1.44   58.2   1909
LYB    LYONDELLBAS  LYB US 01/21/12 C34.5    -10.4  36.5   0.80  100.0    379
WM     WASTE MANAG  WM US 01/21/12 C32.5     -10.2  20.6   0.46   31.4    472
XLI    SPDR-INDU S  XLI US 01/19/13 C34      -10.1  27.1   3.25    0.6    250
RF     REGIONS FIN  RF US 01/21/12 C4        -10.1  46.7   0.24   50.0   2723
XLE    SPDR-ENERGY  XLE US 01/21/12 C70      -10.0  24.9   0.99   90.4    453
FE     FIRSTENERGY  FE US 01/21/12 C42       -10.0  18.9   1.65   26.9    262
BCSI   BLUE COAT S  BCSI US 07/21/12 C26     -10.0   3.3   0.10    0.0    336
PAA    PLAINS ALL   PAA US 02/18/12 C72.5    -10.0  14.2   0.80   14.3    809

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

-- Bloomberg News

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