>>> US Option Activity IBM, WLT

* IBM Weekly May30 192.5 puts are seeing interest with 1290 contracts trading vs. open int of 120, pushing implied vol up around 1 points to ~15% -- co is scheduled to present at the Intelligent Trading Summit on May 13 (co reported earnings earlier this month).

* WLT May 8 calls are seeing interest with 1810 contracts trading vs. open int of 5050, pushing implied vol up around 5 points to ~76% -- we noted bullish activity in the May 9 calls on Apr 17 (see 4/17 10:30 OPTNX). Co is confirmed to report earnings May 1 before the open