As of today's market close, here are the top 10 names showing
unusual option activity on tradeMONSTER's LiveAction data system.
Fortress Investment Group (FIG): Option volume 5,091 percent above
average. The January 2.50 calls and January 5 puts actively traded
against existing open interest. FIG dropped 3.65 percent to $2.90.
McDermott International (MDR): Option volume 1,737 percent above
average. Investors bought the October 14 calls, the November 10
calls, the November 14 calls and the November 13 calls, looking for
upside. MDR rose 4.37 percent to $11.23.
TCF Financial (TCB): Option volume 1,684 percent above average. A
surge of activity occurred in the January 9 puts, the October 12
puts and the April 10 puts. TCB rose 4.04 percent to $8.79.
Alkermes (ALKS): Option volume 1,511 percent above average. The
November 16 puts and the November 20 calls traded against open
interest as an investor apparently closed an existing bearish
position. ALKS fell 8.33 percent to $13.98.
Pharmaceutical Product Development (PPDI): Option volume 1,505
percent above average. Investors bought the October 32.50 calls and
sold the January 32.50 calls. PPDI rose 32 percent to $32.28.
Rounding out the top 10 are:
(Chart courtesy of
- Targacept (TRGT): Option volume 1,442 percent above
- Universal Health Services (UHS): Option volume 1,236 percent
- Coventry Health Services (CVH): Option volume 1,130 percent
- Armour Residential (ARR): Option volume 1,063 percent above
- Nektar Therapeutics (NKTR): Option volume 1,056 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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