Nearing the halfway mark in today's session, here are the top
names showing unusual option activity on tradeMONSTER's
LiveAction data system.
Pharmaceutical Product Development (PPDI): Option volume 1,770
percent above average. About 6,000 January 30 calls were and an
equal number of January 32.50 calls were bought as an investor
bet that upside will be limited. PPDI rose 0.19 percent to
99 Cents Stores (NDN): Option volume 1,109 percent above average.
Call activity surged as the company accepted a takeover offer.
NDN rose 4.39 percent to $21.39.
Warner Chilcott (WCRX): Option volume 1,057 percent above
average. Investors sold the January 14 puts and the November 18
calls, looking for the stock to remain trapped in a range. WCRX
rose 2.64 percent to $15.92.
Seabridge Gold (SA): Option volume 910 percent above average.
About 7,000 November 23 calls were bought for $1.40 to $2.25 as
investors positioned for upside. SA rose 4.28 percent to $22.89.
Harmony Gold (HMY): Option volume 848 percent above average. An
investor sold 8,000 November 13 puts for $1.275 and sold an equal
number of November 11 puts for $0.40, looking for shares to hold
their ground or push modestly higher. HMY fell 2.85 percent to
Rounding out the unusual activity:
Synaptics (SYNA): Option volume 334 percent above average.
(Chart courtesy of
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