Update: Top unusual option activity


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

iShares MSCI Canada (EWC): Option volume 1,860 percent above average. Put activity surged as investors sought downside protection. EWC rose 4 percent to $26.78.

Superior Energy (SPN): Option volume 1,564 percent above average. Traders bought and sold calls after the company announced the acquisition of Complete Production. SPN plunged 14 percent to $23.63.

Avery Dennison (AVY): Option volume 1,514 percent above average. Investors sold about 2,500 October 25 puts, looking for shares to hold their ground. AVY rose 2.50 percent to $27.06.

Invesco (IVR): Option volume 1,036 percent above average. Investors bought the October 14 calls and sold the November 15 calls, but volume was below open interest in both. IVR rose 2.84 percent to $14.13.

China Unicom (CHU): Option volume 1,001 percent above average. Investors sold the October
19 calls and the October 18 puts, looking for the stock to remain trapped in a range. CHU rose 0.97 percent to $19.69.

Rounding out the top 10 are:

  • Weight Watcher (WTW): Option volume 902 percent above average.
  • Cheesecake Factory (CAKE): Option volume 868 percent above average.
  • Pharmaceutical Product Development (PPDI): Option volume 804 percent above average.
  • Express (EXPR): Option volume 680 percent above average.
  • Zimmer Holdings (ZMH): Option volume 672 percent above average.

Unusua 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: AVY , CHU , EWC , IVZ , SPN

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by BankRate.com