CBOE Options Institute Instructor, Roma discusses Plains All-American Pipeline (PAA) amid Energy market turbulence.
Other trades of note:
iShares China Large-Cap ETF (FXI) at 40.09 a Long Straddle traded 5,000 times. The trader bought the Jul 21st
40 strike calls and the Jul 21st
40 strike puts for 1.19.
Utilities Select Sector SPDR ETF (XLU) at 53.36 a Long Strangle traded 2,000 times. The trader bought the Aug 18th 54 strike calls and the Aug 18th 53 strike puts for 1.29.
iShares MSCI Emerging Markets ETF (EEM) at 41.72 a Bear Put Spread traded 10,000 times. The trader bought the Sept 15th 42/40 Put spread for 69 cents.
Russell 2000 Index (^RUT) at 1,411.99 a Bear Call Spread traded 915 times. The trader sold the Jun 30th 1,425/1,470 Call spread for a 2.75 credit.
iPath S&P 500 VIX ST Futures ETN (VXX) at 12.37, a Bull Call Spread traded 3,000 times. The trader bought the Jun 30th 12.50/13 Call spread paying 10 cents.
Increased Volume Activity:
Top 20 symbols ranked by today's option volume relative to average, minimum 200 average:
UIS, MBT, BAX, BPL, URBN, EIGI, ALDR, DRI, EGN, EEP, ITW, RIO, OTIC, ADP, PRAH, RDS.B, PZZA, AMRN, FOX, CARA.