As of today's close, here are the top 10 names showing unusual
option activity on tradeMONSTER's LiveAction data system.
SM Energy (SM): Option volume 1,938 percent above average.
Investors bought the November 35 puts for $0.35 against open
interest, and initiated new long positions in the August 80 calls
for $1.45. SM rose 8.62 percent to $72.44.
Pandora Media (P): Option volume 1,869 percent above average. The
online music stock continued to see heavy call and put buying two
weeks after its initial public offering. P was unchanged at $17.50.
Newcastle Investment (NCT): Option volume 1,685 percent above
average. Call volume surged as investors looked to reap its cash
dividend. NCT rose 1.23 percent to $5.75.
eBay (EBAY): Option volume 1,407 percent above average.
Investors bought calls and sold puts as the online action stock
experienced a late-day rally. EBAY rose 6.56 percent to $30.86.
iShares Dow Jones Select Dividend Index (DVY): Option volume 1,221
percent above average. Investors bought more than 2,200 August 54
calls for $0.25 to $0.30, and 1,000 July 53 calls for $0.25. DVY
rose 0.61 percent to $52.61.
Rounding out the rest of the top 10 are:
(Chart courtesy of tradeMONSTER)
- AbitibiBowater (ABH): Option volume 1,199 percent above
- Constellation Brands (STZ): Option volume 1,173 percent above
- Nexen (NXY): Option volume 918 percent above average.
- International Flavors & Fragrances (IFF): Option volume
753 percent above average.
- Zagg (ZAGG): Option volume 737 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.
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