If market continues higher, watch for a rebound play.
Besides today: September 2014 17-strike call, where north of 7,600 contracts are on the tape. The vast majority of the contracts have traded off the ask, meaning the transactions were fueled by buyers. What's more, volume outstrips open interest, implied volatility has ticked higher, and information from the International Securities Exchange (ISE) confirms the initiation of new positions.
Link: www.schaeffersr...+f/default.aspx?ID=119088
Besides today: September 2014 17-strike call, where north of 7,600 contracts are on the tape. The vast majority of the contracts have traded off the ask, meaning the transactions were fueled by buyers. What's more, volume outstrips open interest, implied volatility has ticked higher, and information from the International Securities Exchange (ISE) confirms the initiation of new positions.
Link: www.schaeffersr...+f/default.aspx?ID=119088