Credit: Shutterstock photoAbout halfway through today's session, here are the top 10 names showing unusual option activity on tradeMONSTER's LiveAction data system.
Finish Line (FINL): Option volume 759 percent above average. Investors bought and sold calls in the shoe retailer after first-quarter sales missed estimates. FINL dropped 4.75 percent to $22.07.
Synovus Financial (SNV): Option volume 583 percent above average. A block of 3,890 August 2.50 puts were bought for $0.50 against existing open interest. SNV fell 3.70 percent to $2.08.
iShares MSCI Taiwan Index Fund (EWT): Option volume 548 percent above average. A block of 25,000 September 13 puts were bought for $0.20. EWT fell 1.68 percent to $14.59.
SuccessFactors (SFSF): Option volume 448 percent above average. Some 2,000 July 32 puts were bought for $1.90 to $2.65. SFSF fell 15 percent to $27.45.
Acura Pharmaceuticals (ACUR): Option volume 419 percent above average. Investors bought calls and puts after the Food & Drug Administration approved the company's Oxecta pain medicine. ACUR rose 4.53 percent to $3.90.
Rounding out the rest of the top 10 are:
- Pain Therapeutics (PTIE): Option volume 339 percent above average.
- Sanmina (SANM): Option volume 325 percent above average.
- Blackboard (BBBB): Option volume 304 percent above average.
- Carizo Oil & Gas (CRZO): Option volume 302 percent above average.
- Ralcorp (RAH): Option volume 300 percent above average.
(Chart courtesy of tradeMONSTER)
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
