Saturday, November 12, 2011

Barnes & Noble and Lowe's are Among the Companies With Heavy Put Option Volume

From: FinancialNewsOnline  | Nov 11, 2011
Our options team has been watching Barnes & Noble (NYSE:BKS) put options, which are currently trading at 8.3 times their average volume, after news Liberty Media could be planning to buyout the rest of the company. Lowe's (NYSE:LOW) puts are also very active today trading at 6.2 times their normal volume, ahead of their quarterly earnings report on Monday.

Also lighting up the screens of options traders are Corning Inc.(NYSE:GLW) puts, trading at 6.1 times their average volume as investors prepare for the company to go ex-dividend on November 14. Molycorp (NYSE:MCP) puts are also very active today, trading at 5.1 times their average volume after a disappointing earnings report yesterday. Finally, DELL (NASDAQ:DELL) puts close out the list at 4.1 times their average volume ahead of its earnings report next week

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