Welcome to the Financial News Network Options Report.
On the call side, Medivation (NASDAQ:MDVN) call are trading well over their average volume at close to 86 times higher on news this month that the company had a break through in a drug that helps people with advanced prostate cancer. Atlas Energy (NYSE:ATLS) calls are trading at over 27 times their average volume. BMC Software (NASDAQ:BMC) calls are very active today, trading at just over 22 times their normal volume on news that the company announced a joint initiative to deliver and manage advanced cloud computing solutions. Finally, CNO Financial (NYSE:CNO) calls close out the list at just over 11 times their normal volume on news the company could be a potential take over candidate.
Taking a look at the put side of the ledger, SLM Corporation (NYSE:SLM) puts are currently trading at just over 7 times their average volume. SYSCO (NYSE:SYY) puts are also very active today, trading at 7 times their average volume as analysts are bearish on the stock. Crocs (NASDAQ:CROX) puts are not far behind at 6 times their average volume while investors still watch the footwear sector for more acquisitions. Eagle Bulk Shipping (NASDAQ:EGLE) puts are just over 5.5 times their average volume on news of a lawsuit filed against present and former officers of the company yesterday. Finally, Williams Companies (NYSE:WMB) puts close out the list at over 4 times the average amount. This has been your daily options update from the Financial News Network. Stay tuned for more insight into where the big money is placing their bets each day.