Options Update: Banco Bilbao Calls Active; Shares Near Five-Month Lows on Euro Banking Fears

Filed under: Options

Bilbao (BBVA) January 11 calls are active on total call volume of 11K contracts, compared to 1K puts. December and January put option implied volatility of 55 is near its 26-week average, according to Track Data. Large call option volume suggests traders positioning for price movement.

Tata Motors (TTM) rallied 10% to close near record high. Overall option implied volatility of 43 is above its 26-week average of 38, according to Track Data, suggesting larger price movement.

Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Banco Bilbao Calls Active; Shares Near Five-Month Lows on Euro Banking Fears originally appeared on BloggingStocks on Thu, 25 Nov 2010 09:00:00 EST. Please see our terms for use of feeds.

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