Update: Top unusual option activity

By optionMONSTER,  October 18, 2011, 05:28:43 PM EDT

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

Comtech Telecommunications (CMTL): Option volume 4,483 percent above average. Call activity surged as investors looked to reap the quarterly dividend. A similar trade also occurred in Procter & Gamble (PG), where option volume was 3,091 percent above average.

First Cash Financial Services (FCFS): Option volume 3,325 percent above average. An investor sold 4,800 March 40 puts for and bought 7,200 puts, looking for a major selloff. FCFS rose 1.62 percent to $43.36.

Hospira (HSP): Option volume 2,784 percent above average. Investors sold calls and puts after the stock fell on a weak earnings report. HSP dropped 21 percent to $29.51.

AsiaInfo Linkage (ASIA): Option volume 2,724 percent above average. The January 7 puts and January 12 calls traded against open interest, apparently the closing of a bullish position. ASIA rose 1.52 percent to $10.03.

Rounding out the top 10 are:

  • QEP Resources (QEP): Option volume 1,750 percent above average.
  • Approach Resources (AREX): Option volume 1,747 percent above average.
  • Tekelec (TKLC): Option volume 1,601 percent above average.
  • Thomas & Betts (TNB): Option volume 1,425 percent above average.
  • Cheesecake Factory (CAKE): Option volume 1,362 percent above average.

Unusual Activity

(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: ASIA, CMTL, FCFS, HSP, PG



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Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.31 0.13  0.97%
PFE $ 29.30 0.52  1.81%
GE $ 23.86 0.20  0.85%
F $ 14.97 0.02  0.13%
MSFT $ 34.61 0.24  0.69%
QQQ $ 73.65 0.62  0.83%
MU $ 10.92 0.31  2.76%
INTC $ 24.07 0.08  0.33%