Gigamedia (GIGM) a positive research call by Stansberry Research (per Fly on the Wall). The shop often recommends a specific contract and today's recommendation might be the Oct 2 call, over 24k contracts traded.

 

IBKR a large Jan11 14/15 1x2 put spread, the initiating customer sold the jan 15s, bot 2x as many 14's and sold stock.  Bearish, possibly catastrophe type protection here.

 

BKC - Burger king traded nearly 16x avg daily options volume, most active were the Oct 20 and 17.5 calls, call volume outnumbering put volume by 12 to 1.  Implied vols were up.  Bullish.

 

As might be expected implied volatility in the S&P fell slightly, although those slight declines were seen only out to 1yr, longer dated essentially unchanged.  

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