Update: Top unusual option activity

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

Zion Oil & Gas (ZN): Option volume 15,422 percent above average. More than 37,000 June 5 calls traded for $1.90 to $2 in the final minutes of trading. ZN rose 5.92 percent to $6.98.

Altria Group (MO): Option volume 11,308 percent above average. Call activity surged as investors looked to reap the tobacco company's quarterly dividend.

Other top-10 names that saw dividend plays were Viacom (VIA.B), with option volume 5,572 percent above average, Public Storage (PSA), with option volume 5,258 percent above average, Eastman Chemical (EMN), with option volume 2,995 percent above average, and Leggett & Platt (LEG), with option volume 1,781 percent above average.

Cadence Design Systems (CDNS): Option volume 4,897 percent above average. A block of 22,000 November 10 calls was sold for $0.88 in the software company, reflecting a belief that upside is limited. CDNS fell 2.04 percent to $10.06.

Dr Pepper Snapple Group (DPS): Option volume 2,303 percent above average. Investors purchased more than 7,000 July 40 calls for $0.95 to $1.10, looking for the beverage stock to rally. DPS rose 1 percent to $40.31.

The remainin two names on the top-10 list are: Approach Resources (AREX), with option volume 1,802 percent above average, and Odyssey Marine Exploration (OMEX), with option volume 1770 percent above average.

TM 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.

Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved.


This article appears in: Investing , Options

Referenced Stocks: AN , CDNS , DPS , EMN , PSA

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Stocks

Referenced

Most Active by Volume

33,974,386
  • $17.98 ▲ 0.28%
20,763,901
  • $91.29 ▲ 2.06%
19,110,793
  • $7.26 ▼ 1.22%
18,528,869
    $8.33 unch
18,014,920
  • $4.19 ▼ 1.18%
16,448,919
  • $25.83 ▼ 0.19%
14,748,190
  • $7.60 ▼ 1.43%
14,144,383
  • $112.01 ▼ 0.47%
As of 12/24/2014, 02:12 PM


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