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Moreover, during the afternoon on Feb. 29, it didn't appear as if this VIX call activity was about to subside, as six of the seven most active options on the day were calls.
Maybe not in the most active stocks or the most active options.
We'll continue to monitor VIX options activity this upcoming week, although Friday's activity would suggest there was more call accumulation when looking at a short list of the most active options.
Institutions and hedge funds, which dominate trading in the U.S. market, continue to hedge their long positions by shorting other stocks, shorting index futures and purchasing index put options, which are among the most active options on a daily basis.
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The most active option contracts were put options expiring next week that protect against the stock falling below $320, suggesting some hedging against losses.
iShares MSCI Australia Index : The Australia exchange-traded fund jumped onto our "most active by options volume" market scanner after one investor sold January 2010 put options.
The Philadelphia Exchange had been charging specialists and market makers a $1 fee for each contract traded in the 120 most active equity options classes.
The new exchange plans to list 600 of the most active equity options, such as those on Dell Computer and I.B.M., and to provide a cheaper, more efficient trading system.
Wells Fargo : A large volume trade caught our attention on WFC when the ticker jumped to the top of our "most active by options volume" market scanner.
Energy Select Sector SPDR : The exchange-traded fund, which mirrors the performance of the Energy Select Sector of the S&P 500 Index, popped up on our "most active by options volume" market scanner after a butterfly spread unfurled its wings in the December contract.
The exchange-traded fund edged onto our "most active by options volume" market scanner early in the trading day after one investor made protective plays in the April contract.
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