Welcome to the Financial News Network Options Report. On the call side, Central European Distribution calls are seeing a lot of activity today, currently at close to 8 times their average volume. Valassis Communications calls are near 7 times their average volume ahead of their quarterly earnings report this week. Lexmark calls are 5.5 times their normal volume despite missing EPS estimates this morning. Entropic Communications calls are also very active today, at 5 times their average volume. Finally, Cummins calls close out the list at close to 5 times their average volume after the company beat earnings estimates this morning. Taking a look at the put side of the ledger, Blackstone Group put are seeing a large amount of volume today, currently trading at over 13.5 times their average volume. Longtop Financial puts are over 10.5 times the average volume today. Shares of the company have also hit a 52-week low. Veeco Instruments puts are trading at 9 times their average volume, despite better than expected earnings results. Frontier Communications puts are very active today, currently trading at over 5 times their average volume. Finally, Boston Scientific puts close out the list at 5 times the average amount despite positive news from the FDA. 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.
