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Calls Trade In NTAP

Shares of NTAP, Network Appliance Inc. are trading up .36 to 35.27. The stock is trading on $3 off of the 52 week high.

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Unusual Activity

Bearish Option Activity Alert: PAAS

Pan American Silver Corp. (PAAS), the silver mining company with operations in South and Central America, is seeing unusual Put activity during this morning’s session with almost all of the activity focused on the Nov. 29 strike.

Bearish Option Activity Alert: LEN/PHM

Both Lennar Corp. (LEN) and PulteGroup (PHM), two of the U.S. largest residential homebuilders, have seen early Put activity this morning with investors buying downside protection for the next 2-3 months.

Morning Futures Roundup

A roundup of morning activity in the futures market – Oil Prices Fail Again to Take Out $85 Resistance

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