Top 10 list of unusual option activity

By
A A A

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

Flamel Technologies (FLML): Options volume 5,737 percent above average. A position in 8,713 June 2.50 calls was rolled to the July 2.50 strike for a net cost of $0.05. FLML rose 0.87 percent to $5.80.

Demand Media (DMD): Options volume 620 percent above average. Some 3,300 July 17.50 calls were bought on the Internet stock for $0.20. DMD gained 13 percent to $14.81.

Crown Holdings (CCK): Options volume 556 percent above average. Investors buy the October 37 calls for $3.30 and the July 39 calls for $0.75. CCK is up 1.44 percent to $38.52.

Cenovus Energy (CVE): Options volume 527 percent above average. A June 35-40 short strangle is closed, and replaced with a July 35 short straddle. The trade involved 1,000 contracts in each option and is looking for the oil stock to remain in a range. CVE rose 2.85 percent to $34.99.

Pharmacyclics (PCYC): Options volume 505 percent above average. Investors sell more than 5,000 August 8 puts for $0.40, looking for the drug developer to hold its ground or rally. PCYC gained 5.10 percent to $8.45.

Rounding out the rest of the top 10 are:

  • Kellogg (K): Options volume 505 percent above average.
  • Covidien (COV): Options volume 428 percent above average.
  • iShares MSCI Taiwan Index ETF (EWT): Options volume 425 percent above average.
  • LabCorp of America (LH): Options volume 398 percent above average.
  • RealD (RLD): Options volume 391 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: CCK , CVE , DMD , FLML , PCYC

optionMONSTER

optionMONSTER

More from optionMONSTER:

Related Videos

Stocks

Referenced

Most Active by Volume

33,974,386
  • $17.98 ▲ 0.28%
20,763,901
  • $91.29 ▲ 2.06%
19,110,793
  • $7.26 ▼ 1.22%
18,528,869
    $8.33 unch
18,014,920
  • $4.19 ▼ 1.18%
16,448,919
  • $25.83 ▼ 0.19%
14,748,190
  • $7.60 ▼ 1.43%
14,144,383
  • $112.01 ▼ 0.47%
As of 12/24/2014, 02:12 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com