Energy Stock Spotlight: Twin LEAPS Drive Unusually Active Options Play

The government shutdown didn't slow the markets down on Wednesday, with both the S&P 500 and Dow Jones Industrial Average delivering record closes on the day; the former closing above 6,700 for the first time. As for the unusual options activity yesterday, it was a relatively busy day with 1,328 calls or puts generating Vol/OI (volume-to-open interest) ratios of 1.24 or higher and expiring in seven days or more. More News from Barchart Of the 1,328, there were 858 (65%) calls and 470 (35%) puts. That’s ...