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Saturday, November 12, 2011

Nova Gold Resources and AFLAC are Among the Companies With Heavy Call Option Volume


From: FinancialNewsOnline  | Nov 11, 2011
Our options team has been watching Nova Gold Resources (AMEX:NG) call options which are currently trading at 49 times their average volume, after reporting positive initial exploration drilling in Northwest Alaska. AFLAC (NYSE:AFL) calls are also very active today, trading at 27.3 times their average volume.

Also lighting up the screens of options traders are Marathon Petroleum Corp. (NYSE:MRO) calls, trading at 11.6 times their average volume on news the company is going ex-dividend on November 14. NiSource (NYSE:NI) calls are not far behind at 8.9 times their average volume still riding their positive earnings report from last month. Finally, Cypress Semiconductor Corp. (NASDAQ:CY) calls close out the list at 8.1 times their average volume.

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