Update: Top unusual option activity

By optionMONSTER June 14, 2011, 05:42:01 PM EDT

As of today's close, here are the top 10 names showing unusual option activity on tradeMONSTER's data systems.

SunPower B-shares (SPWRB): Options volume 9,319 percent above average. Heavy call selling amid a tender offer for the solar-energy company by Total. SPWRB falls 2 percent to $20.57.

Western Union (WU): Options volume 8,355 percent above average. Call activity surged as investors looked to reap the money-transfer company's quarterly dividend. WU rose 1.77 percent to $20.11.

Invesco Mortgage Capital (IVR), with options volume 6,384 percent above average, also saw a dividend play. IVR fell 0.27 percent to $22.09.

Flamel Technologies (FLML): Options volume 5,776 percent above average. A position in 8,713 June 2.50 calls was rolled to the July 2.50 strike for a net cost of $0.05. FLML rose 0.35 percent to $5.77.

Rock Tenn (RKT): Options volume 3,968 percent above average. A block of 15,000 January 100 calls were sold for $0.45. RKT climbs 2.45 percent to $67.77.

Rounding out the rest of the top 10 are:

  • SunPower A-shares (SPWRA): Options volume 2,690 percent above average.
  • JC Penney (JCP): Options volume percent 2,061 above average.
  • WMS Industries (WMS): Options volume 1,783 percent above average.
  • Pharmacyclics (PCYC): Options volume 1,324 percent above average.
  • Graham Packaging (GRM): Options 1,265 volume percent above average.


    unsual options volume


    (Chart courtesy of tradeMONSTER)




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.


This article appears in: Investing, Options

Referenced Stocks: FLML, IVR, RKT, SPWRB, WU



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BAC $ 13.24 0.03  0.23%
FB $ 24.32 0.74  2.95%
SIRI $ 3.58 0.04  0.99%
GE $ 23.53 0.13  0.55%
PFE $ 29.04 0.07  0.24%
MSFT $ 34.27 0.12  0.35%
INTC $ 23.93 0.12  0.50%
P $ 16.43 0.73  4.25%