Mid Day Most Active Stock Options August 26, 2009

I am a little late for mid day, but as of 1:30 PM the top ten most active option contracts traded today are:

1. Citigroup September 5 Call Options
2. PowerShares QQQ ETF (NASDAQ:QQQQ) September 38 Put Options
3. Citigroup September 4 Put Options
4. S&P 500 SPDR ETF (NYSE:SPY) November 85 Put Options
5. PowerShares QQQ ETF October 39 Put Options
6. S&P 500 SPDR ETF November 95 Put Options
7. S&P 500 SPDR ETF September 100 Put Options
8. Citigroup September 5 Put Options
9. S&P 500 SPDR ETF September 103 Call Options
10. S&P 500 SPDR ETF September 103 Put Options

November being a few months away it is unusual to two of them in the top traded contracts; I am guessing someone has opened up a 95/85 put spread on the SPY. It also looks as if someone is expecting increased volatility to come and opened an at-the-money option straddle on SPY for the 103 strike price.