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Notable option activity in equities

Nearing the halfway mark in today's session, here are the individual equity names with unusual option activity on optionMONSTER's ActionTracker data system.

MGM Resorts (MGM): More than 7,600 October 18.50 calls were bought, mostly for $0.91, as investors looked for the casino stock to rally. MGM fell 1.30 percent to $18.21.

JC Penney (JCP): About 10,000 January 8 puts were bought for $0.49 as traders braced against downside in the retailer. JCP fell 2.37 percent to $9.07.

FireEye (FEYE): About 4,300 Weekly 32 calls expiring on Oct. 2 were bought, mostly for $0.75, as investors looked for upside in the share price. FEYE rose 0.79 percent to $32.07.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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