Delta of Jan 320 call is 88%, and 330 calls is 20%. Stock is up $.52. 320 call has higher volume, but 330 call premium moves up faster than 320 ... This is NOT right... option traders should write a complaint to DOJ and SEC while notify your brokers about misrepresenting greeks values to deceive the public..Etrade and Optionxpress have been notified, but you can help to call them as well..
Hate to admit it...but I agree with your complaint. I have been sitting in the Feb 11 calls now for over three weeks and I feel like beating my head against the wall. In that time, AAPL stock has risen from $317 to $326 and my calls are worth less now than they were when I bought them (in fact, they have done nothing but continue to lose value even as the stock slowly appreciates). Yes, I understand the greeks (delta - theta - vega - implied volatility) but I have actually experienced days when AAPL is up $1.00 or $2.00 and the options I hold go down in value. I have been holding the 2012 LEAPS for nearly a month and those have been hanging in there with no movement either way...but the action on the Feb 11 calls has been absolutely ridiculous.
And...to back up my point. AAPL up 70 cents as I type this and the FEB 11 calls I own are down 10 cents. I realize 70 cents is not a huge gain, but how in the hell are the FEB 11 calls once again going down in value when AAPL stock is going up? I have been experiencing this for weeks now and in all honesty, feel like I am being robbed!