As of today's market close, here are the top 10 names showing
unusual option activity on tradeMONSTER's LiveAction data system.
Flamel Technologies (FLML): Option volume 3,025 percent above
average. A short position in the August 2.05 calls was rolled to
the September 2.50 strike for a credit of $0.07. FLML declined 2.59
percent to $4.14.
Finish Line (FINL): Option volume 2,685 percent above average.
Large blocks were purchased in the November 22.50 calls for $0.75
and the November 25 calls for $0.40. FINL dropped 3.55 percent to
Harman (HAR): Option volume 1,802 percent above average. Call
volume surged as investors looked to reap the quarterly dividend.
Vanguard REIT (VNQ): Option volume 1,531 percent above average. A
block of 9,000 September 52 puts was bought for $0.85 and $0.90 but
volume was below open interest. VNQ rose 0.28 percent to $56.78.
Logitech International (LOGI): Option volume 1,381 percent above
average. More than 1,000 September 12.50 puts were bought against
open interest. LOGI rose 0.33 percent to $9.18.
Rounding out the rest of the top 10 are:
(Chart courtesy of tradeMONSTER)
- Photronics (PLAB): Option volume 1,128 percent above
- Caribou Coffee (CBOU): Option volume 935 percent above
- Targacept (TRGT): Option volume 790 percent above
- Diana Shipping (DSX): Option volume 728 percent above
- Blue Coat Systems (BCSI): Option volume 723 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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