Top 10 list of unusual option activity

By David Russell,

Shutterstock photo

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

Jarden (JAH): Option volume 2,030 percent above average. A long position in 3,000 July 35 puts was rolled to the January 35 strike at a cost of about $3. JAH fell 0.12 percent to $34.39.

Kinetic Concepts (KCI): Option volume 1,705 percent above average. Investors bought September 70 puts and sold August 65 calls as the stock ripped to a three-year high. KCI rose 12 percent to $65.70.

HealthSouth (HLS): Option volume 1,034 percent above average. A block of 900 July 25 puts was sold against open interest and 1,794 August 25 puts were bought for $0.80 as an investor positions for a drop. HLS fell 0.49 percent to $26.63.

Silicon Laboratories (SLAB): Option volume 906 percent above average. Investors bought more than 3,000 July 40 puts for $0.15. SLAB fell 0.45 percent to $41.79.

ProShares UltraShort Euro ETF (EUO): Option volume 637 percent above average. Investors bought more than 12,000 August 16 calls for $1.37 to $1.50, looking for the common currency to decline. EUO rose 1.54 percent to $17.18.

Rounding out the rest of the top 10 are:

  • Cash America International (CSH): Option volume 481 percent above average.
  • Cerner (CERN): Option volume 441 percent above average.
  • Zagg (ZAGG): Option volume 428 percent above average.
  • Magnum Hunter Resources (MHR): Option volume 386 percent above average.
  • AstraZeneca (AZN): Option volume 377 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 Nasdaq, Inc.

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

This article appears in: Investing Options
Referenced Stocks: EUO , HLS , JAH , KCI , SLAB

More from optionMONSTER




Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by