Option trading was on the light side after a better-than expected jobs number pushed the broader markets higher, but an energy exchange-traded fund had hefty interest in its December puts.

The Energy Select Sector SPDR ( XLE) saw the December 48 puts trade 75,000 contracts, and the December 50 puts traded 58,000 times. On the call side, the December 50's traded 8,500 times, and the December 55's changed hands 8,600 times. The ETF was up 95 cents, or 2%, to $49.39.

The Semiconductor Holders Trust ( SMH) had a seller of October 35 puts 23,000 times and a seller of the October 37.50 puts 10,800 times. The underlying ETF was up 22 cents to $35.50.

The January American Express ( AXP) 50 calls traded 19,800 contracts. The calls were higher by 15 cents. American Express shares were down 9 cents to $49.98.

Altria Group ( MO) had its November 75 calls trade 4,500 times and its November 80 calls trade 9,700 times. The stock was down 64 cents, or 0.9%, to $72.11.

Call sellers and put buyers were active in Apple Computer's ( AAPL) October options. The 52.50 calls have traded 5,100 times, while the 55 calls were exhanged 9,500 times. The puts striking at 50 traded 4,700 contracts. The stock was down 71 cents, or 1.4%, to $50.99.

McDonald's ( MCD) had activity in its December 32.50 calls, where volume was more than 7,900 contracts on the day. The stock was down 47 cents, or 1.4%, to $32.26.

The CBOE Market Volatility Index (VIX), which is based on the implied volatility of the S&P 500 options and is used as a gauge for fear in the market, was recently down 3.3% to 14.46. The CBOE Nasdaq Volatility Index, a measure of the implied volatility of the Nasdaq 100, was recently down 2.3% to 16.40.

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