As of today's close, here are the top 10 names showing unusual
option activity on tradeMONSTER's data systems.
Temple Inland (TIN): Options volume 2222 percent above average.
Heavy call buying one day after the packaging stock leaps on an
unsolicited takeover offer. TIN rises 1.36 percent to $29.89.
Yandex (YNDX): Options volume 2,083 percent above average.
Investors sold the November 36 puts for about $3.80 and the
November 34 puts for $2.80, looking for the Russian Federation
Internet stock to hold its ground after going public last month.
YNDX fell 1.26 percent to $34.56.
Sempra Energy (SRE): Option volume 2,051 percent above average.
Unusual activity is detected in the June 57.50 puts and the July
57.50 puts. SRE rises 0.11 percent to $52.93.
Sanderson Farms (SAFM): Option volume 2,022 percent above average.
An investor bought the August 40 puts and sold the August 35s as
part of a bearish ratio spread, looking for the poultry stock to
push lower. SAFM drops 0.20 percent to $40.87.
Office Depot (ODP): Option volume 1,807 percent above average.
Calls are bought and sold as the office-supply store attempts to
bounce at a multi-year low. ODP falls 0.83 percent to $3.57.
Rounding out the rest of the top 10 are:
(Chart courtesy of tradeMONSTER)
- Viacom (VIA.B): Option volume 1,733 percent above
- TCF Financial (TCB): Option volume 1,690 percent above
- Cabot Oil & Gas (COG): Option volume 1,583 percent above
- Mens Wearhouse (MW): Option volume 1,459 percent above
- Chimera Investment (CIM): Option volume 1,290 percent above
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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