Nearing the halfway mark in today's session, here are the top 10
names showing unusual option activity on tradeMONSTER's LiveAction
Lincare Holdings (LNCR): Options volume 1,674 percent above
average. An investor sold 5,000 November 20 puts and 5,000 November
24 calls, looking for the stock to move sideways. LNCR rose 0.70
percent to $21.46.
BioMimetic Therapeutics (BMTI): Options volume 981 percent above
average. An investor bought the December 6 calls and sold the
October 5 calls, apparently closing a bullish diagonal spread. BMTI
rose 1.59 percent to $3.19.
Onmicare (OCR): Options volume 684 percent above average. About
2,600 December 20 puts were bought for $1.55 as an investor
positioned for downside. OCR fell 3.15 percent to $20.94.
American Axle & Manufacturing (AXL): Options volume 658 percent
above average. The January 2013 7.50 puts and January 10 puts
traded heavily against open interest. AXL rose 6.49 percent to
ChinaCast Education (CAST): Options volume 598 percent above
average. Investors bought about 1,000 November 2.50 calls for $1 to
$1.05, positioning for upside. CAST rose 26 percent to $3.11.
Rounding out the top 10 are:
(Chart courtesy of
- Hhgregg (HGG): Options volume 540 percent above average.
- Jefferies Group (JEF): Options volume 531 percent above
- Celanese (CE): Options volume 512 percent above average.
- Ryland Group (RYL): Options volume 399 percent above
- Healthspring (HS): Options volume 379 percent above
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