Nearing the halfway mark in today's session, here are the top 10
names showing unusual option activity on tradeMONSTER's LiveAction
Vanguard MSCI Europe ETF (VGK): Option volume 1,993 percent above
average. A block of 5,000 September 53 puts was sold for $3.60. VGK
fell 0.51 percent to $50.54.
Edison International (EIX): Option volume 1,301 percent above
average. Investors bought 2,900 August 40 calls for $0.30 and
$0.35, looking for upside. EIX rose 0.68 percent to $38.70.
Mead Johnson Nutrition (MJN): Option volume 728 percent above
average. A block of 5,000 July 65 calls traded against open
interest for $3.40 and a new position was opened in November, with
the November 55 puts sold and the November 65 calls bought. MJN
rose 0.34 percent to $68.64.
Gold Fields (GFI): Option volume 719 percent above average.
Investors bought more than 20,000 August 14 calls for $0.95 to
$1.24, looking for upside. GFI rose 2.42 percent to $3.18.
Cabot Microelectronics (CCMP): Option volume 706 percent above
average. A protective position in 1,500 July 50 puts was rolled
down to the August 45 contracts, resulting in a credit of $3.10.
CCMP fell 2.76 percent to $43.75.
Rounding out the rest of the top 10 are:
(Chart courtesy of tradeMONSTER)
- ON Semiconductor (ONN): Option volume 553 percent above
- News (NWSA): Option volume 484 percent above average.
- Jones Group (JNY): Option volume 459 percent above
- Quest Diagnostics (DGX): Option volume 452 percent above
- Lear (LEA): Option volume 398 percent above average.