As of today's market close, here are the top 10 names showing
unusual option activity on tradeMONSTER's LiveAction data
Odyssey Marine (OMEX): Option volume 3,564 percent above average.
An investor sold 3,500 March 2.50 puts for $0.70 and bought an
equal number of October 2.50 puts for $0.25, looking for the stock
to hold its ground. There was further activity scattered throughout
the session. OMEX fell 33 percent to $2.16.
Orexigen Therapeutics (OREX): Option volume 3,311 percent above
average. Investors bought and sold calls and puts as the stock
ripped higher. OREX rose 49 percent to $2.19.
Goodrich (GR): Option volume 2,185 percent above average. An
investor bought some 4,600 October 100 puts for about $2.75 and
sold a matching number of October 90 puts for $0.75, looking for
downside. GR fell 2.08 percent to $109.49.
James River Coal (JRCC): Option volume 1,516 percent above average.
Investors bought more than 9,000 October 10 calls, looking for
upside. JRCC fell 15 percent to $7.74.
Newcastle Investment (NCT): Option volume 1,350 percent above
average. More than 4,000 October 7.50 puts were bought for about $3
as an investor looked for shares to push lower. NCT fell 7.14
percent to $4.55.
Rounding out the rest of the top 10:
(Chart courtesy of
- Ultra Petroleum (UPL): Option volume 1,324 percent above
- Sturm Ruger (RGR): Option volume 921 percent above
- Dish Network (DISH): Option volume 904 percent above
- Manitowoc (MTW): Option volume 876 percent above
- Range Resources (RRC): Option volume 873 percent above
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