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Heavy Options Volume: Intel, Citigroup, and Bank of America (NASDAQ:INTC),(NYSE:C),(NYSE:BAC)

Submitted by WSN_Staff on Wed, 04/14/2010 - 16:30.
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Intel Corporation (NASDAQ:INTC)  options volume is running 3X the usual, with 105,000 contracts traded and call activity representing about 71 percent of the activity.

Citigroup Inc. (NYSE:C) options activity is running 2X the usual, with 2.07 mln contracts traded and call volume representing 85 percent of the volume.

Bank of America Corporation (NYSE:BAC) options volume is running 2X the usual, with 687,000 traded and call volume representing 70 percent of the activity.

Unusual volume is also being seen in Microsoft Corporation (NASDAQ:MSFT), JPMorgan Chase & Co. (NYSE:JPM), and Ambac Financial Group, Inc. (NYSE:ABK).

Source: http://seekingalpha.com/article/198779-wednesday-options-recap

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