Welcome to the Financial News Network Options Report. On the call side, Nuance Communications is seeing 11.5 times the normal amount of calls today news that the company is forming a partnership with IBM. Southwest Airlines shares are also seeing a large amount of calls today, over 6 times the average on a large bullish bet. InterMune calls are also at over 4.4 times the average amount after their new drug received approval by the EU. Gilead Sciences shares are also at 4.4 times the average amount of calls today after the FDA removed the warning on one of their products. Tivo closes out the list today with 3.5 times the average amount of calls despite having their price target lowered at JPMorgan Chase. Taking a look at the put side of the ledger, CEDC puts are at over 18 times the average amount today after the company was downgraded by analysts across the board. Colgate-Palmolive puts are coming in at 5.6 times the average amount today, with the S&P MidCap 400 ETF not far behind at 5.3 times. Finally, YRC Worldwide puts are just under 5 times their normal volume following news of a reorganization plan and a large bearish bet. 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.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...