About halfway through today's session, here are the top 10 names
showing unusual option activity on tradeMONSTER's LiveAction data
General Maritime (GMR): Option volume 1,214 percent above average.
Investors bought 2,020 February 1 calls for about $0.46 and sold
and equal number of February 1 puts for $0.22, looking for upside.
GMR fell 4.31 percent to $1.11.
Navistar International (NAV): Option volume 1,038 percent above
average. Investors bought about 5,900 the January 70 calls for
$1.90 and sold an equal number of January 75 calls for $1.10. The
trade was a bullish vertical spread. NAV fell 3.23 percent to
Baxter International (BAX): Option volume 1,012 percent above
average. About 42,000 August 55 calls were sold for $6.20. BAX fell
0.92 percent to $60.50.
Oceaneering International (OII): Option volume 960 percent above
average. A position in 1,500 July 42.50 calls was rolled to the
August 45 strike. OII fell 0.42 percent to $42.75.
Martin Marietta Materials (MLM): Option volume 822 percent above
average. Investors sold the August 80 puts and bought the August 80
calls, looking for upside. MLM fell 1.21 percent to $79.86.
Rounding out the rest of the top 10 are:
(Chart courtesy of tradeMONSTER)
- Thoratec (THOR): Option volume 663 percent above
- Lender Processing (LPS): Option volume 585 percent above
- SPDR S&P Oil & Gas Exploration & Production
(XOP): Option volume 518 percent above average.
- iShares MSCI Australia Index (EWA): Option volume 403 percent
- Agilent Technologies (A): Option volume 387 percent above
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