NEW YORK (TheStreet)-- It's back to business as usual for this bull market as hundreds of names hit new all-time highs and option implied volatilities (excepting oil names) back to the relatively humdrum CBOE Volatility Index (VIX) 11.50 level.
The following names exhibited bullish option flow today, in the form of unusual opening upside call buying.
KeyCorp KEY - Increased call activity with newswires noting deal speculation. With shares closing up $0.34 to finish at $13.83, we saw 7,500 calls trade early Friday vs. 131 puts. December $14 calls leading, with March $14, December $15 and December $13 calls also seeing interest.