About halfway through today's session, here are the top 10 names
showing unusual option activity on tradeMONSTER's LiveAction data
Pandora Media (P): Option volume 1,580 percent above average.
Investors buy and sell puts in the Internet media company, which
went public earlier in the month. P rose 5.63 percent to $17.45.
Mindray Medical (MR): Option volume 1,488 percent above average. An
investor sold about 1,800 August 25 puts for $0.80 and bough an
equal number of August 30 calls for $0.65, betting the Chinese
stock will rally. MR rose 3.50 percent to $27.49.
Hansen Natural (HANS): Option volume 1,116 percent above average. A
long position in 10,000 September 80 calls was rolled to the
September 90 contracts. HANS rose 1.37 percent to $80.20.
Marsh & McLennan (MMC): Option volume 514 percent above
average. An investor bought 1,500 each in the August 29 puts and
August 31 calls for $0.625 and $0.55, respectively, looking for
volatility to increase. MMC rose 0.87 percent to $30.20.
Nike (NKE): Option volume 490 percent above average. Activity
surged following a strong earnings report, with a roll from the
July 80 calls to the August 87.50s the largest trade. NKE rose 6.94
percent to $87.29.
Rounding out the rest of the top 10 are:
(Chart courtesy of tradeMONSTER)
- Patterson UTI Energy (PTEN): Option volume 430 percent above
- iShares Russell 2000 Value Index ETF (IWN): Option volume 402
percent above average.
- International Flavors & Fragrances (IFF): Option volume
361 percent above average.
- AbitibiBowater (ABH): Option volume 359 percent above
- SPDR KBW Bank ETF (KBE): Option volume 347 percent above