Thursday Morning’s Option Volume Leaders (C, BP, APPL, JPM, MO, SPY)

The overall market is running higher today; the S&P 500 SPY is higher by 2.06% to 1,077. It appears that there is a massive short squeeze in the market, pushing all the high-beta names markedly higher. Look for the market to close above 1,070, if it does, a move up to 1,100 is in order. From there traders will be selling hand over fist. Here are your Options Volume Leaders… 1. Citigroup C 266,121 contracts, 89.8% calls, 10.2% puts 2. BP plc BP 231,821contracts, 46.5% calls, 53.5% puts 3. Apple Inc. AAPL 94,382 contracts, 60.9% calls, 39.1% puts 4. JP Morgan Chase JPM 90,946 contracts, 46.5% calls, 53.5% puts 5. Altria Group MO 58,055 contracts, 15.0% calls, 85.0% puts