Yesterday's options trading was interesting for several reasons. However, it didn’t seem to carry over to the unusual options activity.
For example, the options volume of 65.09 million was 24% higher than the 30-day average. Yet, of the 1,422 unusually active options--options with Vol/OI (volume-to-open-interest) ratios of 1.24 or higher, expiring in seven days or more--none had a Vol/OI ratio of 100 or higher.
