While distributing pricey e-reading devices isn't much of a threat to Gideons, it's likely that the proliferation of e-reading features on all mobile devices could make a dent in demand.
The rise in demand for ODP call options helped drive a 50.4% rise in the overall reading of options implied volatility on the stock to 84.96% this afternoon.
Increased investor demand for put options on the fund fueled a 7.8% increase in the overall reading of options implied volatility on the IYT to 20.72%.