Approach Resources tops unusual activity

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About halfway through today's session, here are the top 10 names showing unusual option activity on tradeMONSTER's data systems. 

Approach Resources (AREX): Option volume 1,744 percent above average. The energy company sees heavy activity in the October 20 puts, with more than 2,700 contracts trading. AREX fell 4.38 percent to $21.61.

China Unicom (CHU): Option volume 1,620 percent above average. An investor sold 4,000 June 22 puts on the Hong Kong-based telecom and bought 6,000 June 21 puts, looking for further downside. CHU fell 4.30 percent to $20.26.

Travelers (TRV): Option volume 1,596 percent above average. A bullish three-part strategy was opened, with 3,000 January 55 calls bought, while 6,000 January 65 calls and 7,000 January 50 puts were sold. TRV fell 3.08 percent to $59.20.

Resolute Energy (REN): Option volume 1,295 percent above average. A block of 3,500 December 12.50 puts traded for $0.20 against previous open interest. REN falls 0.44 percent to $16.91.

NovaGold Resources (NG): Options volume 1,079 percent above average. A large bearish put spread was rolled from September to December. NG fell 1.52 percent to $9.70.

Rounding out the rest of the top 10 are:

  • Odyssey Marine Exploration (OMEX): Options volume 869 percent above average.
  • Celsion (CLSN): Options volume 792 percent above average.
  • Aastrom Biosciences (ASTM): Options volume 757 percent above average.
  • Taiwan Semiconductor Manufacturing (TSM): Options volume 741 percent above average.
  • Silgan Holdings (SLGN): Options volume 671 percent above average.

TM Unusual Activity

(Chart courtesy of tradeMONSTER)




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved.


This article appears in: Investing , Options

Referenced Stocks: AREX , CHU , NG , OMEX , REN

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Referenced

100%
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80%
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100%

Most Active by Volume

13,593,550
  • $18.01 ▲ 0.17%
12,440,259
  • $113.34 ▲ 1.19%
11,637,304
  • $7.46 ▲ 2.75%
10,904,131
  • $8.35 ▲ 5.83%
9,787,097
  • $93.50 ▲ 2.42%
9,031,040
  • $7.51 ▼ 1.18%
8,928,643
  • $68.88 ▲ 3.72%
7,721,213
  • $10.75 ▲ 4.27%
As of 12/26/2014, 12:51 PM


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