Options Report:March 23,2011

Welcome to the Financial News Network Options Report.On the call side, D.R. Horton is seeing close to 14 times the normal amount of calls today despite a disappointing new home sales report. MELA Sciences and Dollar Tree calls are at around 5.5 times the average volume as investors are betting bullishly on the companies. Motricity calls are at 4.7 times the average amount after Jim Cramer mentioned the company positively. Northern Oil & Gas calls are also seeing heavy volume today, close 4.5 times the average amount, despite shares of the company being down around 10% today.Taking a look at the put side of the ledger, Cameron International puts are at over 6.5 times the average amount today after the company was named in the review of the BP Oil Spill by the US Government. Nexen puts are at 4.5 times their normal volume, as investors look to be bearish on the company today. Best Buy puts are at 4.5 times the average amount ahead of their quarterly earnings report before the market opens tomorrow. Finally Dell puts are at 4.3 times the average amount today bearish bets by investors. This has been you daily options update from the Financial News Network. Stay tuned for more insight into where the big money is placing their bets each day

Channel: Voxant Newsroom Video Length: 0s Date Found: Wed, Mar 23 2011 5:10 PM Category: Science Date Produced: Wed, Mar 23 2011 5:04 PM View Count: 0