While I'm here, and since it's a daytrades/investments board, a favorite lately has been WPL. I've been flipping a tiny amount in a trading account, have a sizable position in my long-term account (gotta love the 6% dividend).
It had some REAL interesting options activity today and what made it extra weird to me is that I'd decided to take the plunge on some Oct $10 calls strictly for a quick flip.
Check out this chain for September:
CALL OPTIONS Expire at close Fri, Sep 21, 2007
Strike Symbol Last Chg Bid Ask Vol Open Int
7.50 WPLIU.X 3.30 0.70 3.10 3.30 1,176 71
10.00 WPLIB.X 0.70 0.00 0.80 1.40 80 167
12.50 WPLIV.X 0.15 0.00 N/A 0.50 22 689
15.00 WPLIC.X 0.05 0.00 N/A 0.10 1,000 1,915
PUT OPTIONS Expire at close Fri, Sep 21, 2007
Strike Symbol Last Chg Bid Ask Vol Open Int
7.50 WPLUU.X 0.25 0.00 N/A 0.35 0 35
10.00 WPLUB.X 0.90 0.00 0.20 0.70 295 253
12.50 WPLUV.X 2.65 0.00 1.85 2.30 650 665
15.00 WPLUC.X 4.20 0.20 4.00 4.50 1,000 1,908
17.50 WPLUW.X 7.52 0.00 6.40 7.30 100 100
Weird or what? Very little open interest in the front month and in one day the total options volume (on both sides) is substantially higher than the total open interest. |
