Nearing the halfway mark in today's session, here are the top 10 names showing unusual option activity on tradeMONSTER's LiveAction data system.
Transatlantic Holdings (TRH): Option volume 956 percent above average. Investors sold about 1,800 September 50 calls against existing open interest. TRH rose 0.10 percent to $50.31.
News (NWSA): Option volume 800 percent above average. An investor bought large blocks in the January 20 calls and the January 25 calls. NWSA fell 1.11 percent to $16.01.
Deutsche Bank (DB): Option volume 670 percent above average. An investor purchased 10,000
October 35 puts for $2.70 to $2.75 and sold an equal number of October 25 puts for $0.75, looking for downside. DB fell 1 percent to $39.50.
RR Donnelley (RRD): Option volume 658 percent above average. About 6,000 September 14 puts were sold for about $0.63. RRD rose 0.22 percent to $13.95.
Silicon Graphics International (SGI): Option volume 652 percent above average. More than 1,500 August 13 calls traded against existing open interest in the final session before expiration. SGI popped 31 percent to $15.58.
Rounding out the rest of the top 10 are:
- Diana Shipping (DSX): Option volume 591 percent above average.
- Mini SPX Index (XSP): Option volume 579 percent above average.
- Synopsys (SNPS): Option volume 559 percent above average.
- iShares Russell 3000 (IWV): Option volume 551 percent above average.
- General Cable (BGC): Option volume 549 percent above average.
(Chart courtesy of tradeMONSTER)
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