Welcome to the Financial News Network Options Report.
On the call side, Herbalife (NYSE:HLF) calls are trading close to 8 times their average volume ahead of their quarterly earnings report next week. WellPoint (NYSE:WLP) calls are also very active today, trading at 7 times their average amount after issuing better than expected earnings results this week. Power-One (NASDAQ:PWER) calls are trading close to 6.5 times their average amount despite reporting earnings that missed estimates. NXP Semiconductors (NASDAQ:NXPI) calls are not far behind, trading at just over 6 times their average volume. Finally, Community Health Systems (NYSE:CYH) calls close out the list at 6 times their normal volume after reporting better than expected earnings.
Taking a look at the put side of the ledger, SunTrust Banks (NYSE:STI) puts are currently trading around 11 times their average volume after one several investors placed bearish bets on the company. Cemex (NYSE:CX) puts are also very active today, trading at 6.5 times their average volume. STEC (NASDAQ:STEC) puts are trading just under 6.5 times their average volume after the company issued Q3 guidance that was far lower than previous estimates. Finisar (NASDAQ:FNSR) puts are trading just under 5.5 times their average volume after one investor placed a bearish bet on the company. Finally, Sunoco (NYSE:SUN) puts close out the list at just under 5 times their average volume. 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.