As of today's market close, here are the top 10 names showing unusual option activity on tradeMONSTER's LiveAction data system.
iShares Dow Jones Select Dividend Index (DVY): Option volume 7,798 percent above average. An investor bought 30,000 March 50 calls, looking for a bounce. DVY fell 3.94 percent to $48.25.
Vanguard REIT (VNQ): Option volume 4,239 percent above average. An investor bought 4,475 August 56 calls for $1.60 and sold 8,950 August 52 puts for $0.80, looking for a bounce. VNQ fell 4.89 percent to $54.90.
National Semiconductor (NSM): Option volume 4,195 percent above average. Some 11,000 September 24 calls were purchased, mostly for $0.85, as an investor looked for upside. NSM fell 0.65 percent to $24.47.
NiSource (NI): Option volume 3,668 percent above average. Investors bought about 6,000 September 20 calls, positioning for a move higher. NI fell 4.46 percent to $19.69.
Mindray Medical International (MR): Option volume 2,390 percent above average. More than 4,400 August 25 calls were purchased, mostly for $1.80 and $2.30, as investors looked for upside. MR fell 6.23 percent to $24.52.
Rounding out the rest of the top 10 are:
- CareFusion (CFN): Option volume 2,332 percent above average.
- Chemtura (DVY): Option volume 1,909 percent above average.
- Sensata Technologies (ST): Option volume 1,357 percent above average.
- Dendreon (DNDN): Option volume 1,248 percent above average.
- Gildan Activewear (GIL): Option volume 1,179 percent above average.
(Chart courtesy of tradeMONSTER)
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