Morgan Stanley's Option Volume Spikes Mid-Day
Morgan Stanley (NYSE: MS) is atop the equity option volume leaderboard at mid-day with a block of 17,337 January 2013 $17.5 calls trading at $0.26.
A buyer may have stepped in with implied volatility trading 1.3% higher. Total contract volume in that strike has now surpassed 21k contracts, pushing total volume in Morgan Stanley to over 73K contracts.
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