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Traders now watch put option activity more closely, looking for unusual interest in dumping a company's shares, especially in earnings seasons.
They are notable moves for Intel insiders, who until late last year usually sold stock when Intel shares reached record highs, said Paul Elliott, a research analyst with CDA Investnet, a Rockville, Md., firm that tracks the stock and option activity of corporate insiders.
Unusual option activity in Comerica Tuesday drove overall option activity to nearly 15 times the normal level.
It will be interesting to see what is more important going forward: index option activity, which is heavily skewed to the put side, or equity option activity.
Target Corp. : Option activity at leading U.S. retailer Target intrigues us this morning.
Last week, the Chicago Board Options Exchange Market Volatility Index (VIX) saw some intriguing option activity.
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The pendulum is swinging back to a middle option, activity-based working, Moufarrige said.
Devon Energy : The independent energy company appeared on our 'most active by options volume' market scanner following contrarian options activity in the January 2011 contract.
Unusual options activity has often led market regulators to suspect insider trading.
Options activity on individual stocks showed relatively little put activity during that period, as individuals showed no fear.
Just last week, the Chicago Board Options Exchange began an investigation into abnormal options activity before Hewlett-Packard announced its plans to buy Compaq Computer.
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