Options Update for Palm (PALM) and Freeport McMoRan (FCX)

Unusual Options Activity Alert for El Paso Energy (EP) & Eli Lilly (LLY)

Options Update for United Parcel Service (UPS) and Research in Motion (RIMM)

Options Update for Nike (NKE) and Motorola (MOT)

Shares of Huntsman Corp. (HUN) fell over 40% on Wednesday as markets digested the news that buyout firm Apollo Management (and one of its businesses, Hexion Specialty Chemicals Inc.) announced that they were suing to back out of an agreement to acquire the chemical maker for $6.5 billion. Well, some astute options traders were all over this play even before the news hit the wires. Significant options activity was seen in several at-the-money and near-the-money strikes…

Options Update for Lehman (LEH) and H&R Block (HRB)

Options Update for Monsanto (MON) and Walgreen (WAG)

Unusual Options Activity Alert for SanDisk Corp (SNDK)

Options Update for XM Satellite Radio (XMSR) and Motorola (MOT)

Options Update for Coventry Health (CVH) and UnitedHealth (UNH)

Options Update for Microchip (MCHP) and Pepsi Bottling (PBG)

Unusual Options Activity Alert for Crocs Inc (CROX) & Pin Candidates