Todays events:ADP national employment report, Chicago PMI, Factory orders.

FOMC minutes suggest that further action at September 20-21 meeting
discussed a new form of QE3 easing, ranging from asset purchases, increasing the average maturity of the Fed’s portfolio.
Consumer Confidence - S&P downgrade drove down consumer confidence that fell  14.7 points in August to 44.5.  VIX cash gaiend $0.61 to $32.89, VIX futures still  implying a volatile market, but we are starting to see a change in the curve and gradually getting its original slope.  
The "UpDown" signals are an outcome of calculated calls and puts implied volatility.  Positive numbers yielded from higher calls IV, means  traders believe that the stock will rise and are willing to pay more for the calls, the opposite goes for the puts.


  
We have scanned for stocks with extensive options trading activity(over 30K).  
  OCC stats:          
  Total Options traded:  14.5M down from 16.6M  
  Total Futures traded:  132K up from 59K
   
Open interest:		  

Total options open interest:

  342.4M up

from

 338.98M

 

 

Total Futures open interest:

 955K

 up

from  

 946K

 

 

Total open interest calls:

 176M

 up

from 

 175M

 

 

Total open interest Puts:

 164M

 down

from 

 162.8M

 

 

Put Call open interest Ratio:

 0.93

 same

 

 0.93

  

#symbolCVolPVolPCVolPCOIivUpDownputivcalliv
1 PEP 45834 5219 .11 .97 19.39 68 .2429 .145
2 VIX 111141 65492 .59 .81 100.34 45 1.1879 .8189
3 RUT 32497 29047 .89 1.47 35.76 30 .4037 .3115
4 SPY 894817 1605264 1.79 2.23 29.22 24 .3234 .2611
5 GE 52095 50566 .97 1.27 32.41 23 .3576 .2905
6 QQQ 191631 369016 1.93 1.33 28.71 19 .3116 .2626
7 XLF 77215 83983 1.09 1.8 39.61 17 .4274 .3649
8 SPX 288685 527505 1.83 1.63 29.47 16 .3166 .2728
9 EK 39636 10450 .26 .81 139.77 14 1.4883 1.3071
10 IWM 230005 372628 1.62 2.46 36.77 13 .39 .3453
11 XRT 7549 31070 4.12 1.77 38.05 8 .3958 .3653
12 SIRI 30117 2711 .09 .47 76.87 6 .7912 .7462
13 SVM 15416 40387 2.62 1.23 148.92 6 1.5308 1.4476
14 EEM 114320 297124 2.6 1.38 37.13 5 .3799 .3627
15 PFE 29633 40557 1.37 .72 26.85 5 .2751 .262
16 IYR 11880 38586 3.25 2.16 31.19 4 .3186 .3052
17 SDS 31803 9546 .3 .4 59.61 4 .6084 .5839
18 VXX 38956 30552 .78 1.45 87.74 -5 .8534 .9014




Positive numbers would suggest an up signal and negative for the down signal. You also need to take under consideration that each stock has it own gauge. Sometimes options prices are distorted because the stock is before the dividend payment date.
We also recommend a further analysis, both, fundamentally and technically.



* Cvol = Call Volume.
* PVol = Put Volume.
* PCVol = Put/Call Volume.
* PCOI = Put/Call Open Interest.
* IV =  Implied Volatility index.
* UpDown = Up or down signal  -  up positive numbers.
* Putiv = Puts Implied Volatility.
* Calliv = Calls Implied Volatility.

B.