Nearing the halfway mark in today's session, here are the top 10
names showing unusual option activity on tradeMONSTER's LiveAction
Travelzoo (TZOO): Option volume 1,239 percent above average.
Investors sold the December 50 puts, looking for shares to hold
their ground. TZOO rose 4.95 percent to $89.11.
Pharmaceutical Product Development (PPDI): Option volume 1,145
percent above average. About 1,500 contracts each were sold in the
August 30 puts for $0.85 and the August 30 calls for $1.30. The
trade will benefit from the stock moving sideways over the next
month. PPDI fell 1.63 percent to $30.24.
News (NWS): Option volume 908 percent above average. Investors sold
the January 12 puts for $0.45 and the January 14 puts for $0.90,
looking for shares to hold their ground. NWS rose 5.06 percent to
DG FastChannel (DGIT): Option volume 650 percent above average.
Investors sold more than 1,200 August 30 calls, most of which
priced for $1.75. DGIT rose 4.89 percent to $30.44.
Allstate (ALL): Option volume 628 percent above average. Investors
adjusted large positions in January call contracts. ALL rose 0.07
percent to $28.03.
Rounding out the rest of the top 10 are:
(Chart courtesy of tradeMONSTER)
- WebMD (WBMD): Option volume 531 percent above average.
- Odyssey Marine (OMEX): Option volume 500 percent above
- Kinetic Concepts (KCI): Option volume 489 percent above
- Thoratec (THOR): Option volume 483 percent above
- Equity Residential (EQR): Option volume 465 percent above
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