Options Report: July 11, 2011

Welcome to the Financial News Network Options Report.On the call side, Leap Wireless (NASDAQ:LEAP) calls are trading at 10.5 times their average volume after one investor made a major bullish bet on the company ahead of their upcoming earnings report. Barlcays (NYSE:BCS) calls are not far behind, trading at 9 times their average volume. International Game Technology (NYSE:IGT) calls are trading around 8 times their normal volume after Illinois Supreme Court upheld the legality of stimulus measures that will positively impact companies in the sector. XL Group (NYSE:XL) calls are trading at just under 5 times their average amount after several investors bet bullishly on the company. Finally, Danaher (NYSE:DHR) calls close out the list at just under 4.5 times their normal volume after Oppenheimer raised their price target on shares of the company.Taking a look at the put side of the ledger, News Corporation (NASDAQ:NWSA) puts are currently trading just under 6.5 times their average volume on fears that their proposed acquisition of British Sky Broadcasting could face delays. Stillwater Mining (NYSE:SWC) puts are trading at 5.5 times their average volume despite news of a key strategic acquisition. Lender Processing Services (NYSE:LPS) puts are also very active today, trading around 4.5 times their average volume. Infosys Technologies (NASDAQ:INFY) puts are also very active today, trading just under 4 times their average amount ahead of their quarterly earnings report this week. Finally, Kellogg Company (NYSE:K) puts close out the list at 3.7 times their average amount.

Channel: Voxant Newsroom Video Length: 0s Date Found: Tue, Jul 12 2011 12:22 AM Category: Business Date Produced: Mon, Jul 11 2011 11:42 PM View Count: 0