About halfway through today's session, here are the top 10 names
showing unusual option activity on tradeMONSTER's LiveAction data
Fortune Brands (FO): Option volume 1,437 percent above average. The
July 65 calls and August 60 puts both traded about 2,500 times
against existing open interest. FO fell 1.19 percent to $63.87.
FTI Consulting (FCN): Option volume 973 percent above average.
Investors purchased the September 39 calls, the September 40 calls,
along with the January 30 puts, looking for movement. FCN fell 1.43
percent to $37.84.
News - B Shares (NWS): Option volume 777 percent above average.
Investors bought the August 16 puts and sold the August 17 calls,
positioning for downside. NWS fell 6 percent to $16.29.
International Games (IGT): Option volume 634 percent above average.
More than 4,000 July 18 calls were purchased for $0.20 to $1. IGT
rose 0.05 percent to $18.28.
Lender Processing Services (LPS): Option volume 512 percent above
average. An existing bearish put spread in the September 25 and
September 17 contracts was closed. LPS fell 1.26 percent to $19.98.
Rounding out the rest of the top 10 are:
(Chart courtesy of tradeMONSTER)
- iSoftStone Holdings (ISS): Option volume 388 percent above
- News - A Shares (NWSA): Option volume 385 percent above
- Barclays (BCS): Option volume 372 percent above average.
- NXP Semiconductors (NXPI): Option volume 360 percent above
- Mattel (MAT): Option volume 352 percent above average.
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.