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

By Bloomberg News - Feb 22, 2012

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
=============================================================================
PBY    PEP BOYS MM  PBY US 04/21/12 C15       48.8   8.4   0.20    0.0   1097
GCI    GANNETT CO   GCI US 03/17/12 C15       42.0  46.1   1.20  140.0   1045
CTAS   CINTAS CORP  CTAS US 03/17/12 C35      39.9  23.0   3.85   -5.2   2000
RGP    REGENCY ENE  RGP US 03/17/12 C25       31.1  19.8   1.65  120.0    200
EWJ    ISHARES-JAP  EWJ US 03/17/12 C9        27.8  31.4   1.03    8.4    297
FIRE   SOURCEFIRE   FIRE US 03/17/12 C30      25.2  79.7  13.80  119.0    364
SXC    SUNCOKE ENE  SXC US 03/17/12 C12.5     25.1  42.8   1.80  -16.3    300
MTSN   MATTSON TEC  MTSN US 06/16/12 C2.5     24.8  73.0   0.55  -35.3    210
ETE    ENERGY TRAN  ETE US 03/17/12 C45       24.1  19.9   0.05  -85.7    216
LDK    LDK SOLAR C  LDK US 06/16/12 C5        23.6  36.8   1.42   12.7    615
SDRL   SEADRILL LT  SDRL US 04/21/12 C36      21.8  32.2   4.00    9.6   1092
HW     HEADWATERS   HW US 03/17/12 C2         21.5 113.7   1.00  -16.7    200
FXY    CRYSHS-JAPA  FXY US 03/17/12 P127      21.4  10.1   4.60   24.3    351
GCI    GANNETT CO   GCI US 04/21/12 P16       20.8  41.1   1.05  -30.0    249
GPC    GENUINE PAR  GPC US 03/17/12 C65       20.4  22.1   0.40  -33.3    630
WES    WESTERN GAS  WES US 03/17/12 C45       19.8  20.1   0.65  -18.8    201
WMB    WILLIAMS CO  WMB US 03/17/12 C29       18.5  27.6   1.00   17.6    238
AGNC   AMERICAN CA  AGNC US 03/17/12 C31      18.3  11.4   0.09    0.0    248
PSEC   PROSPECT CA  PSEC US 08/18/12 C10      17.7  24.0   1.35   17.4    294
TLT    ISHARES BAR  TLT US 01/19/13 C100      17.4  16.9  16.30   -6.3    214
WMB    WILLIAMS CO  WMB US 03/17/12 C30       16.5  26.4   0.49   28.9   3244
YHOO   YAHOO! INC   YHOO US 03/17/12 P15      16.0  29.8   0.78   50.0   6893
MIND   MITCHAM IND  MIND US 03/17/12 C25      15.9  55.8   1.05    0.0    209
FORM   FORMFACTOR   FORM US 03/17/12 C5       15.1  47.4   0.35  -12.5    200
TDS    TELEPHONE &  TDS US 03/17/12 C30       15.0  32.8   0.50  100.0   1086
FXY    CRYSHS-JAPA  FXY US 03/17/12 P125      13.8   9.8   2.75   30.9   1325
FMCN   FOCUS MEDIA  FMCN US 03/17/12 P24      13.3  82.6   1.85    0.0    355
FMCN   FOCUS MEDIA  FMCN US 03/17/12 P23      12.9  86.6   1.54   10.0   4170
ALU    ALCATEL-LUC  ALU US 03/17/12 C2        12.7  77.6   0.52  -13.3    227
WMB    WILLIAMS CO  WMB US 03/17/12 P29       12.5  26.7   0.69    3.0    711
GLNG   GOLAR LNG L  GLNG US 03/17/12 C45      12.3  42.3   1.05  -38.2    405
YHOO   YAHOO! INC   YHOO US 03/17/12 C15      12.3  30.4   0.23  -23.3   1898
GCI    GANNETT CO   GCI US 03/17/12 C16       12.1  35.0   0.60  300.0    562
FMCN   FOCUS MEDIA  FMCN US 03/17/12 P22      11.7  89.5   1.05   -4.5    840
QIHU   QIHOO 360 T  QIHU US 03/17/12 P17.5    11.5  91.0   1.55   -6.1   1170
FMCN   FOCUS MEDIA  FMCN US 03/17/12 P25      11.1  78.7   2.30    7.0    290
RDN    RADIAN GROU  RDN US 03/17/12 C4        10.9 107.1   0.35  -30.0    612
INTC   INTEL CORP   INTC US 03/17/12 C23      10.8  33.7   3.70  -11.9    210
MNST   MONSTER BEV  MNST US 03/17/12 C55      10.7  53.1   2.65   29.3    603
WMB    WILLIAMS CO  WMB US 03/17/12 P28       10.6  28.3   0.35   25.0    597

Top Volatility Decreases



                         Contract            %Chg  Impl.
Ticker    Name           Description          Vol.  Vol.   Price  %Chg  Volume
=============================================================================
IVR    INVESCO MOR  IVR US 03/17/12 P16      -72.2   1.4   0.20  -20.0    343
ETE    ENERGY TRAN  ETE US 03/17/12 P45      -54.5  12.0   2.15   53.6    200
CHS    CHICO'S FAS  CHS US 03/17/12 C14      -44.1  30.4   0.70  204.3   1426
HLF    HERBALIFE L  HLF US 03/17/12 C65      -41.5  34.0   2.70    3.9    599
DELL   DELL INC     DELL US 03/17/12 P17     -40.6  25.0   0.40   37.9   6718
HLF    HERBALIFE L  HLF US 03/17/12 C62.5    -39.4  34.3   4.40   22.2    236
DELL   DELL INC     DELL US 03/17/12 C16     -38.7  28.9   1.18  -50.2    445
HLF    HERBALIFE L  HLF US 03/17/12 P65      -38.7  34.0   1.75  -67.3    279
HLF    HERBALIFE L  HLF US 03/17/12 P62.5    -38.6  34.3   0.90  -74.7    233
DELL   DELL INC     DELL US 03/17/12 C17     -38.2  25.9   0.47  -69.5   1619
CHS    CHICO'S FAS  CHS US 03/17/12 P14      -38.1  32.0   0.25  -83.7    234
DELL   DELL INC     DELL US 03/17/12 P16     -37.7  28.2   0.12   -7.7   2451
HLF    HERBALIFE L  HLF US 03/17/12 P60      -37.0  35.8   0.45  -81.6    979
CAKE   CHEESECAKE   CAKE US 03/17/12 P28     -36.9  32.0   0.35    6.1    448
HLF    HERBALIFE L  HLF US 03/17/12 C60      -36.6  37.2   6.60   34.7    478
LAMR   LAMAR ADVER  LAMR US 03/17/12 C33     -35.6  35.9   1.10   -7.6    440
GRMN   GARMIN LTD   GRMN US 03/17/12 P47     -35.0  28.5   0.73  -76.8    290
FIRE   SOURCEFIRE   FIRE US 03/17/12 P45     -34.9  49.3   2.80    0.0    307
GRMN   GARMIN LTD   GRMN US 03/17/12 P45     -33.5  30.0   0.30  -88.2   2374
YNDX   YANDEX NV-A  YNDX US 03/17/12 P22     -33.4  45.5   0.85   -5.6    535
GRMN   GARMIN LTD   GRMN US 03/17/12 P46     -33.2  29.2   0.45  -84.4    263
GRMN   GARMIN LTD   GRMN US 03/17/12 C47     -33.0  27.2   2.86  225.0    279
GRMN   GARMIN LTD   GRMN US 03/17/12 P50     -33.0  28.5   2.15  -62.8    677
CYH    COMMUNITY H  CYH US 03/17/12 C23      -32.1  38.0   0.90  125.0   2259
GRMN   GARMIN LTD   GRMN US 03/17/12 C48     -31.9  26.9   1.83  221.1    233
GRMN   GARMIN LTD   GRMN US 03/17/12 C49     -31.7  26.9   1.30  242.1    415
YNDX   YANDEX NV-A  YNDX US 03/17/12 P21     -31.4  48.7   0.55    0.0    523
GRMN   GARMIN LTD   GRMN US 03/17/12 P49     -30.9  28.9   1.59  -66.5   1015
DELL   DELL INC     DELL US 03/17/12 P15     -30.5  33.9   0.05    0.0   1427
GRMN   GARMIN LTD   GRMN US 03/17/12 C45     -30.2  30.2   4.15  139.9    241
DLTR   DOLLAR TREE  DLTR US 03/17/12 P85     -29.9  21.6   1.61   15.0    418
INTU   INTUIT INC   INTU US 03/17/12 C60     -29.5  23.3   2.30  130.0   1384
INTU   INTUIT INC   INTU US 03/17/12 C62.5   -29.2  22.4   0.85  118.0    767
CYH    COMMUNITY H  CYH US 03/17/12 P23      -28.9  37.9   0.75  -87.9    282
FIRE   SOURCEFIRE   FIRE US 03/17/12 C45     -28.6  47.2   1.55  520.0    703
GRMN   GARMIN LTD   GRMN US 03/17/12 C50     -28.0  27.6   0.87  210.7   1483
DLTR   DOLLAR TREE  DLTR US 03/17/12 C87.5   -27.8  21.8   1.10  -62.1    333
TXRH   TEXAS ROADH  TXRH US 03/17/12 C17.5   -27.2  28.5   0.40   33.3    224
DLTR   DOLLAR TREE  DLTR US 03/17/12 P87.5   -26.3  21.5   2.85   18.8    252
INTU   INTUIT INC   INTU US 03/17/12 P60     -25.4  23.4   0.85  -75.7    536
BRCD   BROCADE COM  BRCD US 03/17/12 C6      -25.1  46.4   0.15  -11.8   1058
PWR    QUANTA SERV  PWR US 03/17/12 C22      -25.1  27.6   0.35  -53.3    515
CQB    CHIQUITA BR  CQB US 05/19/12 C8       -24.9  40.0   1.60    3.2    205
SZYM   SOLAZYME IN  SZYM US 06/16/12 C10     -24.9  51.5   2.65   -5.4    235
NFX    NEWFIELD EX  NFX US 03/17/12 P35      -24.0  35.8   0.40  166.7    565
HLF    HERBALIFE L  HLF US 03/17/12 P55      -23.0  44.3   0.15  -84.4    339
FIRE   SOURCEFIRE   FIRE US 03/17/12 P40     -22.3  52.1   0.75  -90.8    413
INTU   INTUIT INC   INTU US 03/17/12 C57.5   -22.2  26.1   4.10  105.0    626
RRD    RR DONNELLE  RRD US 03/17/12 C14      -22.0  37.2   0.30  -14.3    284
PWR    QUANTA SERV  PWR US 03/17/12 P21      -21.9  29.5   0.45  -11.8   1133
NBR    NABORS INDS  NBR US 03/17/12 C22      -21.3  39.5   0.70   52.2    505
INTU   INTUIT INC   INTU US 03/17/12 P55     -20.3  28.7   0.10  -90.5   1131
GRMN   GARMIN LTD   GRMN US 03/17/12 P41     -19.5  40.4   0.09  -90.4    282
NBR    NABORS INDS  NBR US 03/17/12 P21      -19.5  39.9   0.70  -36.4    339
NBR    NABORS INDS  NBR US 03/17/12 C21      -19.3  40.1   1.26   68.0    526
NBR    NABORS INDS  NBR US 03/17/12 P20      -18.8  40.9   0.28  -69.2    315
FIRE   SOURCEFIRE   FIRE US 03/17/12 C40     -18.3  52.7   4.50  429.4   1340
GRMN   GARMIN LTD   GRMN US 04/21/12 C49     -18.3  26.3   1.94  169.4    376
NBR    NABORS INDS  NBR US 03/17/12 P19      -18.1  42.7   0.12  -77.4   5423
PKT    PROCERA NET  PKT US 03/17/12 C20      -17.8  51.2   0.75   -6.2    210
GRMN   GARMIN LTD   GRMN US 04/21/12 P49     -17.7  28.6   2.39    0.0    336
MGM    MGM RESORTS  MGM US 03/17/12 P14      -17.6  38.6   0.50  -18.0   1262
HLF    HERBALIFE L  HLF US 05/19/12 C65      -17.4  35.6   4.90   22.5    315
DELL   DELL INC     DELL US 05/19/12 C16     -17.4  29.1   1.56  -40.0   1656
GRMN   GARMIN LTD   GRMN US 04/21/12 C50     -17.4  26.0   1.52  204.0    327
DELL   DELL INC     DELL US 05/19/12 P16     -17.3  29.2   0.51   37.8   1228
LL     LUMBER LIQU  LL US 03/17/12 C20       -17.2  34.8   0.55  -75.0    255
MGM    MGM RESORTS  MGM US 03/17/12 C14      -17.1  38.5   0.59  -21.3   3812
DELL   DELL INC     DELL US 05/19/12 P17     -17.1  27.2   0.83   33.9   2846
DELL   DELL INC     DELL US 05/19/12 C17     -16.9  27.1   0.96  -48.1   2018
NBR    NABORS INDS  NBR US 03/17/12 P18      -16.9  46.0   0.05  -82.1    267
FXY    CRYSHS-JAPA  FXY US 03/17/12 P115     -16.8  12.1   0.05    0.0    205
MGM    MGM RESORTS  MGM US 03/17/12 P13      -16.2  41.7   0.19  -29.6    563
TJX    TJX COS INC  TJX US 03/17/12 C35      -15.6  23.3   0.70  -39.1   1438
GRMN   GARMIN LTD   GRMN US 03/17/12 P38     -15.6  45.1   0.04  -89.5    209
JAG    JAGUAR MINI  JAG US 03/17/12 P5       -15.3  96.1   0.05  -50.0   4995
TJX    TJX COS INC  TJX US 03/17/12 P35      -14.8  23.3   0.95   10.5   1327
CHS    CHICO'S FAS  CHS US 03/17/12 P13      -14.7  42.6   0.05  -94.1    223
RRC    RANGE RESOU  RRC US 03/17/12 C70      -14.6  38.5   1.65   65.0    276
ARIA   ARIAD PHARM  ARIA US 03/17/12 C15     -14.6  50.4   0.50  -16.7   1578
HLF    HERBALIFE L  HLF US 03/17/12 P52.5    -14.3  49.8   0.08  -84.0    672
CHK    CHESAPEAKE   CHK US 03/17/12 P22      -13.9  40.6   0.24   -7.7    248
RRC    RANGE RESOU  RRC US 03/17/12 C67.5    -13.7  37.7   2.60   67.7    686
GRMN   GARMIN LTD   GRMN US 07/21/12 P49     -13.5  29.9   4.13    0.0    255
GRMN   GARMIN LTD   GRMN US 07/21/12 P50     -13.4  29.6   4.50  -48.3    201
UPL    ULTRA PETRO  UPL US 03/17/12 C20      -13.4  49.4   3.40  -10.5   1031
FIRE   SOURCEFIRE   FIRE US 03/17/12 P35     -13.2  52.7   0.10  -94.3    432
OPTR   OPTIMER PHA  OPTR US 03/17/12 C10     -13.0  63.8   2.70  -12.9    200
CHS    CHICO'S FAS  CHS US 05/19/12 C15      -13.0  32.5   0.80  220.0    263
CHK    CHESAPEAKE   CHK US 03/17/12 P24      -12.7  37.3   0.84    9.1    763
ILMN   ILLUMINA IN  ILMN US 03/17/12 P49     -12.7  23.4   0.45  -10.0    205
NRF    NORTHSTAR R  NRF US 06/16/12 C5       -12.6  33.4   0.55  -35.3    230
OCR    OMNICARE IN  OCR US 03/17/12 P34      -12.6  35.6   0.75  -34.8    429
CHK    CHESAPEAKE   CHK US 03/17/12 C23      -12.5  38.9   1.64  -19.6   1477
TBT    PROSHARES U  TBT US 03/17/12 C18      -12.5  29.5   1.51  -12.2    513
RDS/B  ROYAL DUTCH  RDSB US 04/21/12 C75     -12.3  19.1   1.55    0.0    219
WPRT   WESTPORT IN  WPRT US 03/17/12 P40     -12.2  52.5   0.70    0.0    368
DLTR   DOLLAR TREE  DLTR US 05/19/12 C85     -11.9  23.0   4.10  -33.9    488
CHK    CHESAPEAKE   CHK US 03/17/12 P25      -11.9  35.8   1.39   13.0   1386
BAS    BASIC ENERY  BAS US 03/17/12 P17.5    -11.9  54.3   0.30    0.0    204
SPY    SPDR S&P 50  SPY US 03/17/12 P140     -11.8   9.5   4.75    2.1    627
CHK    CHESAPEAKE   CHK US 03/17/12 C25      -11.8  36.0   0.51  -40.7   1955
CHK    CHESAPEAKE   CHK US 03/17/12 P23      -11.8  38.7   0.47    0.0   1515
CHK    CHESAPEAKE   CHK US 03/17/12 P21      -11.6  43.6   0.12  -14.3    399
FOSL   FOSSIL INC   FOSL US 03/17/12 P120    -11.6  32.1   6.60   10.0    654
WIN    WINDSTREAM   WIN US 03/17/12 P12      -11.5  19.4   0.17   54.5    343
S      SPRINT NEXT  S US 03/17/12 C1.5       -11.5  95.3   0.72  -10.0    243
FSYS   FUEL SYSTEM  FSYS US 03/17/12 P27     -11.5  60.6   1.50   40.2    255
ITB    ISHARES-DJ   ITB US 03/17/12 P14      -11.4  26.0   0.55   22.2    218
CHK    CHESAPEAKE   CHK US 03/17/12 C24      -11.4  37.1   0.96  -29.4    975
XLE    SPDR-ENERGY  XLE US 03/17/12 C70      -11.0  23.5   5.90    1.7    201
ASIA   ASIAINFO-LI  ASIA US 07/21/12 P7      -10.8  97.1   0.40  -55.6    200
LAD    LITHIA MOTO  LAD US 03/17/12 C20      -10.6  68.5   4.70   -4.1    240
RRC    RANGE RESOU  RRC US 03/17/12 P62.5    -10.5  38.3   0.80  -60.0    289
IRWD   IRONWOOD PH  IRWD US 05/19/12 P12.5   -10.5  56.2   0.80   -5.9    218
CETV   CENTRAL EUR  CETV US 04/21/12 P7.5    -10.5  79.0   0.90   28.6    351
JBLU   JETBLUE AIR  JBLU US 03/17/12 P5      -10.5  51.2   0.20   11.1    324
DLTR   DOLLAR TREE  DLTR US 05/19/12 P85     -10.4  23.5   3.50   14.4    472
WMT    WAL-MART ST  WMT US 03/17/12 P55      -10.2  17.1   0.12  100.0    297
NRF    NORTHSTAR R  NRF US 06/16/12 P5       -10.2  30.4   0.25   25.0    212
NFX    NEWFIELD EX  NFX US 06/16/12 P35      -10.1  39.7   2.10   68.0    594
TJX    TJX COS INC  TJX US 04/21/12 P35      -10.1  21.2   1.45   20.8    291
RRC    RANGE RESOU  RRC US 03/17/12 C65      -10.0  38.3   4.30   79.2    917

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

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