L-3 Communications Holding, Inc. (LLL) sees its shares spike this morning following a report issued by the Wall Street Journal that the investment firm Relational Investors LLC has accumulated a nearly 6% stake in the company and favors a sale or spinoff of units within the company.
Bullish Option Activity Alert: LPX
Louisiana-Pacific Corp. (LPX), the manufacturer of building materials and engineered wood products in North and South America, sees a Bullish Call buyer appear this morning with the focus on the November 10 strike options.
Bearish Option Activity Alert: XOM
Exxon Mobil Corp. (XOM) sees an investor open a Bearish ratio Put spread this morning with the purchase of 7,500 August 77.5 Puts and the simultaneous sale of 15,000 August 72.5 Puts.
Bearish Option Activity Alert: HOLX
Hologic Inc. (HOLX), the Bedford, MA based developer/manufacturer of x-ray systems, sees a flurry of Bearish Put buyers this morning with an investor(s) reaching out to December expiry and purchasing the December 18 thru 20 strike options.
Bearish Option Activity Alert: FNSR
Finisar Corp. (FNSR), the Sunnyvale, CA based maker of optical networking equipment, is seeing unusual Put activity ahead of the company's Q4 earnings release after the close today.
Bullish Option Activity Alert: LLY
Eli Lilly & Co. (LLY) has been seeing Bullish option order flow the last couple days with the July 38 strike options receiving the most attention.
Bearish Option Activity Alert: BBY
Best Buy Co. (BBY) shares are currently trading 7.1% higher following stronger than expected first quarter results, topping analysts' estimates across the board
Bullish Option Activity Alert: JDSU
JDS Uniphase Corp. (JDSU) is seeing interesting option activity today with investors focusing on the Bullish June 18 strike Calls.
Bearish Option Activity Alert: ESI
ITT Educational Services, Inc. (ESI) sees a Bearish Put spread initiated early in today's session with an investor purchasing the June 77.5-72.5 spread 2,500 times, paying $.50.
Bearish Option Activity Alert: S
Sprint Nextel Corp. (S) shares are under pressure this morning following a downgrade by an analyst at Stifel Nicolaus.
Bullish Option Activity Alert: MU
Micron Technology, Inc. (MU) is seeing unusual Call activity this morning with investors focusing on the near month(s) 10 strike Bullish options.
Bearish Option Activity Alert: FMCN
Focus Media Holding Ltd. (FMCN), China's leading multi-platform digital media company, is seeing Bearish option order flow this morning with investors opening new positions in the July 25 Puts.
