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Options Report: June 30, 2011
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Options Report: June 30, 2011
Welcome to the Financial News Network Options Report.On the call side, Coach (NYSE:COH) calls are trading at close to 7 times their average volume after several investors bet bullishly on the company. Danaher (NYSE:DHR) calls are trading at 6.7 times their average volume on news that the company completed its acquisition of Beckman Coulter (NYSE:BEC). Corning (NYSE:GLW) calls are also very active today, trading at 6 times their normal volume. Tellabs (NASDAQ:TLAB) calls are trading at just over 5 times their average amount on news that the company could be a potential takeover target. Finally, Netapp (NASDAQ:NTAP) calls close out the list at 4.7 times their normal volume after the company announced an increase in profits at their investor meeting today.Taking a look at the put side of the ledger, Dendreon (NASDAQ:DNDN) puts are currently trading over 7.5 times their average volume despite receiving FDA approval for a new manufacturing facility. Cavium (NASDAQ:CAVM) puts are also very active today, trading at close to 6 times their average volume despite being upgraded by analysts. USEC (NYSE:USU) puts are trading at 4 times their average volume after several investors bet bearishly on the company. EBIX (NASDAQ:EBIX) puts are trading over 3.5 times their average amount after a lawsuit alleges that the company overstated their earnings. Finally, Zagg (NASDAQ:ZAGG) puts close out the list at just over 3 times their average amount. This has been your daily options update from the Financial News Network. Stay tuned for more insight into where the big money is placing their bets each day.
Video Length: 0
Date Found: June 30, 2011
Date Produced: June 30, 2011
View Count: 0
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