Hot Option Plays: Can The Builders Sustain The Move? Midday
Unusual Volume
Best Buy (NYSE:BBY) options volume is running 2X the (22-day) average, with 63,000 contracts traded and call volume accounting for 72 percent of the volume.
Goodyear Tire (NYSE:GT) options volume is 9.5X, the average daily, with 34,000 contracts traded and call option volume representing 97 percent of the activity.
Mannkind (NASDAQ:MNKD) options volume is running 2X the average daily, with 20,000 contracts traded and call volume accounting for 54 percent of the activity.
Increasing options activity is also being seen in Gold Fields (NYSE:GFI), Citrix Systems (NASDAQ:CTXS), and Denbury Resources (NYSE:DNR).
http://www.dailymarkets.com/options/2013/04/08/hot-option-plays-can-the-builders-sustain-the-move-midday/
