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Hey, they are actually buying options somewhere. T

Posted on May 21, 2008

Hey, they are actually buying options somewhere. This, from Briefing.OPTNXOptions Radar: Seeing large sized July call buying in oil names XOM, CVX & BP With the stocks trading at 52-week highs and oil at all time highs, we're seeing large sized July call buying in a few of the major oil names -- XOM, CVX & BP -- indicating potential positioning for continued upside in these stocks... In XOM, the activity is concentrated on the Jul 100 calls, with volume of 33.7K contracts vs open interest of 37.5K, pushing implied volatility higher by 4 pts to 27%. In CVX, the most volume has traded in the Jul...

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calls , expiration , highs , options , trading , volatility