For July 28, 2009 the top ten most traded option contracts are listed in order below, from the greatest number of contracts traded to the least.
- Citigroup (C) August 3 Call Option
- Enterprise Products Partners L.P. (EPD) August 25 Call Option
- Citigroup September 3 Call Option
- ConocoPhillips (COP) August 38 Call Option
- ConocoPhillips August 40 Call Option
- E-Trade Financial (ETFC) January 1 Call Options
- Citigroup August 3 Put Options
- Bank of America (BAC) AUgust 16 Call Options
- General Electric (GE) December 11 Put Options
- Enterprise Products Partners L.P. September 25 Call Options
Both ConocoPhillips (NYSE:COP) and Enterprise Products Partners L.P. (NYSE:EPD) are both spinning out dividends tomorrow. This is an option dividend play which caused the volume of these contracts to be traded today. Nothing unusual.