Sanderson, Yandex top 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. 

Sanderson Farms (SAFM): Options volume 2,006 percent above average. An investor bought the August 40 puts and sold the August 35s as part of a bearish ratio spread, looking for the poultry stock to push lower. SAFM drops 0.20 percent to $40.87.

Yandex (YNDX): Options volume 1,755 percent above average. Investors sold the November 36 puts for about $3.80 and the November 34 puts for $2.80, looking for the Russian Federation Internet stock to hold its ground after going public last month. YNDX fell 1.26 percent to $34.56.

Cabot Oil & Gas (COG): Options volume 1,430 percent above average. An investor sold 10,000 January 45 puts for $2 and bought 5,000 January 70 calls for $3.65, looking for more upside. COG rallies 7.55 percent to $60.14.

Rubicon Technology (RBCN): Options volume 811 percent above average. Activity surges in the June 30 calls and puts as an existing position was rolled to September. RBCN fell 1.63 percent to $22.39.

Penn National Gaming (PENN): Options volume 685 percent above average. Investors bought the October 30 puts for $0.70 and the July 34 puts for $0.55, looking for the casino stock to push lower. PENN fell 0.77 percent to $37.38.

Rounding out the rest of top 10 are:

  • Ulta Salon, Cosmetics & Fragrance (ULTA): Options volume 671 percent above average.
  • American Axle & Manufacturing (AXL): Options volume 614 percent above average.
  • Temple Inland (TIN): Options volume 587 percent above average.
  • PowerShares DB Commodity Index (DBC): Options volume 543 percent above average.
  • Renren (RENN): Options volume 466 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: COG , RBCN , SAFM , ULTA , YNDX

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As of 9/23/2014, 04:15 PM

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