The week might have ended, but it provided some incredible moves, which of course means even more incredible moves for stock options.  Today a 12% move for a stock sent its option up in some instances over 1,600%.  Earnings continue to move stocks in an exaggerated fashion.   We are just a few weeks removed from some of the more incredible gains we have ever seen in the market.  Two weeks ago I was talking about the $GOOGL $600 calls going from $.10 to $102.96.  OR $10 into $10,296 or $100 into $102,960.  Or potentially $1,000 into over  a million dollars.

With volatility plunging ever lower, stock options do not have the premium build up of years ago.  Also with penny increments, and weekly options, pricing power is better than its ever been before.

Some of today's movers

$CCE saw its stock move some 12% higher,  helping to propel its August stock options over 1,000% to the upside.

$EXPE earnings was a mover for its stock and stock options.  The Weekly calls were up over 300%+ in most cases.

$WBAI soared over 20% higher which moved its stock options in an incfredible fashion.  Some strikes were up over 1,000% for August expiration today alone.

Today's unusual option action and activity: