MDT

Notable option activity in equities

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

Medtronic (MDT): Almost 20,000 January 77.50 calls were bought, mostly for $2.20. Volume was below open interest at the strike, so it's possible an existing covered call was unwound as traders gave the medical-device stock room to run. MDT rose 2.69 percent to $78.16.

Hain Celestial (HAIN): Traders sold more than 6,200 January 35 puts for $0.30 and $0.35, betting downside will be limited in the consumer-products company. HAIN rose 0.48 percent to $40.15. (See full story )

Nuance Communications (NUAN): Almost 7,000 December 21 calls traded, mostly for $1.05, but volume was below previous positioning. NUAN rose 1.03 percent to $21.67.

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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