Greatest increase in 30 day ATMIV vs prior session: LWSN, HRS, LPS, GSIC, VIT, CHBT, INCY, TIVO, NAT, BKS
Greatest decrease in 30 day ATMIV vs prior session: DSW, ID, AZO, SOLR, REDF, EP, PWRD, MDT, VSEA, EAT
The Rare Earth names (AVL, REE, MCP) rallied today after recent pull backs of over 30% in some of the names (Molycorp). MCP was definitely the key beneficiary of the Rare Earth push today soaring over 5% in trading. Even though these names were pushed higher today, it was on unusually low volume compared to expectations. Looks like the feature option series in MCP was the weekly 60 calls traded over 2K times, mostly on the bid. In REE, it looks like traders are opening the June 10 calls after 500 traded on the offer. In AVL, traders like the June 8 calls; it appears they are buying them as well.
As for top positions, here they are:
MCP June 60P (6.7K), June 60C (6.4K), June 70C (4.3K), June 55P (4.2K), June 65C (4.1K). MCP closed up 2.86 to 60.67.
REE July 12P (6.7K), July 14C (5K), June 18C (4.1K), June 18P (4K), July 15C (3.9K). REE closed up .22 to 11.42.
AVL July 7.5C (4K), July 7.5P (3.6K), July 9C (2.8K), July 10C (2.4K), Oct 9C (2.3K). AVL closed up .23 to 7.23.
No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.