As of today the top ten most active stock option contracts were:
- Citigroup Inc. (NYSE:C) August 4 Call Option
- Citigroup Inc. August 5 Call Option
- PowerShares QQQ (NASDAQ:QQQQ) August 38 Put Option
- Exxon Mobil (NYSE:XOM) August 65 Call Option
- Citigroup Inc. September 4 Call Option
- PowerShares QQQ August 40 Call Options
- SPDR S&P 500 (NYSE:SPY) August 100 Put Options
- SPDR S&P 500 August 100 Call Options
- Citigroup Inc. December 5 Call Options
- SPDR S&P 500 August 101 Call Options
The Exxon Mobil trading in the most active contracts is likely because they spin out a 42 cent dividend on August 11. Today’s option activity looks like many traders are still bullish on the stock market through August.