Nearing the halfway mark in today's session, here are the individual equity names with unusual option activity on optionMONSTER's ActionTracker data system.
CurrencyShares Japanese Yen (FXY): An investor sold 5,500 January 2016 85 puts for $4.45 and bought 13,000 June 80 puts for $1.05, apparently rolling a downside position closer in time and down in price. It will profit from accelerated downside in the yen. FXY rose 0.20 percent to $84.71.
Cell Therapeutics (CTIC): A block of 10,000 December 2 puts was sold for $0.14 as investors look for the developer of cancer drugs to hold its ground. CTIC is fell 13 percent to $2.05.
Nokia (NOK): More than 5,000 Weekly 8 calls expiring Nov. 14 were purchased for $0.17 and $0.18 as investors look for a quick rally in the Finnish technology stock. NOK fell 1.91 percent to $7.98.
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.
Credit: Shutterstock photo