Option activity was scattered across all sectors as the impact of the hurricanes has finally started to trickle through economic data. The CBOE Market Volatility Index (VIX), technically a measure of implied volatility based on the S&P 500 options but a commonly used gauge of fear in the market, was recently up 3.9% to 13.72. Meanwhile, the CBOE Nasdaq Volatility Index, which measures the implied volatility of the Nasdaq 100, was up 4% to 15.51. The Energy Select Sector ( XLE) exchange-traded fund continued to have put-buyers as oil traded lower. The October 53 puts have traded 7,700 times and the December 50 puts have traded 27,000 times. The ETF was lower by $1.44, or 2.8%, to $50.16. Motorola ( MOT) had call-sellers and put-buyers in its October and November options. The October 20 calls have traded 1,800 times; the October 22.5 calls have traded 26,000 times; and the October 22.5 puts have traded 6,700 times. The November 22.5 calls have traded 10,400 times and the November 20 puts have traded 2,500 times. Motorola was down 41 cents, or 1.84%, to $21.91. In health care stocks, Pfizer ( PFE) saw heavy call-selling. The October 25 calls have traded 22,000 times; the November 27.5 calls have traded 13,700 times; and the December 27.5 calls have traded 11,400 times. The stock was down 29 cents, or 1.15%, to $24.95. Human Genome Sciences ( HGSI) had call-sellers and put-buyers after the company reported disappointing clinical trial results from its experimental lupus drug. The October 12.5 calls have traded 6,800 times; the October 15 calls have traded 3,400 times; and the October 10 puts have traded 10,500 times. The stock was down $5, or 35.79%, to $8.97. Clear Channel Communications ( CCU) had a buyer of the November 30 puts more than 8,800 times. The open interest for that strike prior to the trade was 306 contracts. The puts were higher by 35 cents. Clear Channel was down 79 cents, or 2.43%, to $31.69. Retailer Target ( TGT) had a buyer of the October 50 puts 9,500 times after the company announced that Vice Chairman Gerald Storch has left the company. The stock was down 66 cents, or 1.27%, to $51.44.