Markets

Update: Top unusual option activity

As of today's close, here are the top 10 names showing unusual option activity on tradeMONSTER's data systems.

Fastenal (FAST): Options volume 1,881 percent above average. A block of 8,200 January 29.72 puts were sold for $1.90 and twice as many January 27.29 puts were bought for $1.22. Known as a back spread, the trade will profit from the industrial-parts distributor plunging below $24.86. FAST declined 1.30 percent to $31.84.

Hologic (HOLX): Options volume 1,701 percent above average. There was heavy buying in the December 19 puts and the December 20 puts as investors looked for the women's health company to drop. HOLX fell 1.81 percent to $19.83.

SPX (SPW): Options volume 1,524 percent above average. Investors bought about 1,400 July 75 calls for $1.90 and $2.40, looking for the industrial company to rally. SPW fell 0.53 percent to $74.93.

Texas Industries (TXI): Options volume 1,502 percent above average. A block of 3,000 October 25 puts was bought for $0.45, looking for the cement company to drop. TXI fell 3.78 percent to $36.16.

Barclays Bank iPath S&P 500 VIX Mid Term Futures ETN (VXZ): Options volume 1,403 percent above average. An investor bought 1,000 contracts each in the September 52, September 53, and September 54 calls, looking for market volatility to increase. VXZ rose 3.82 percent to $52.41.

Rounding out the rest of the top 10 are:

  • Graham Packaging (GRM): Options volume 1,298 percent above average.
  • Tiffany (TIF): Options volume 1,281 percent above average.
  • Viacom B Shares (VIA.B): Options volume 1,186 percent above average.
  • Equity Residential (EQR): Options volume 1,179 percent above average.
  • General Electric (GE): Options volume 1,103 percent above average.
TM Unusual Activity

(Chart courtesy of tradeMONSTER)

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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