Nearing the halfway mark in today's session, here are the top 10
names showing unusual option activity on tradeMONSTER's LiveAction
Orexigen Therapeutics (OREX): Option volume 2,363 percent above
average. Investors bought and sold calls and puts as the stock
ripped higher. OREX rose 50 percent to $2.21.
James River Coal (JRCC): Option volume 1,288 percent above average.
Investors are buying the October 8 calls and the November 9 calls,
looking for a rebound. JRCC fell 6.29 percent to $8.49.
Odyssey Marine (OMEX): Option volume 1,226 percent above average.
An investor sold 3,500 March 2.50 puts for $0.70 and bought an
equal number of October 2.50 puts for $0.25, looking for the stock
to hold its ground. OMEX fell 1.85 percent to $3.18.
Boise (BZ): Option volume 841 percent above average. A block of
10,000 December 6.60 calls were sold for $0.90, a bet that upside
is limited over the next three months. BZ fell 2.30 percent to
Manitowoc (MTW): Option volume 759 percent above average. About
15,000 December 12 calls were sold for $0.20 against open interest
and an equal number of March 10 calls were bought for $1. The
trader seems to be moving a position to a later expiration, keeping
hope that the stock will rebound. MTW fell 1.34 percent to $8.07.
Rounding out the rest of the top 10:
(Chart courtesy of
- Goodrich (GR): Option volume 616 percent above average.
- MagicJack VocalTec (CALL): Option volume 423 percent above
- Denbury Resources (DNR): Option volume 416 percent above
- Range Resources (RRC): Option volume 381 percent above
- Duke Energy (DUK): Option volume 367 percent above