TradingMarkets 7 options you need to know for Wednesday

Here are 7 options for
option traders for Wednesday:

Ross Stores
(
ROST |
Quote |
Chart |
News |
PowerRating)
September 22 1/2
puts were active. The stock closed at 23.61 and the September 22 1/2 puts (REQ
UX)
closed at 0.60 – 0.80.

Watson Pharmaceuticals
(
WPI |
Quote |
Chart |
News |
PowerRating)
September
25 calls were active. The stock closed at 24.65 and the September 25 calls (WPI
UE) closed at
1.00 – 1.10.

Express Scripts
(
ESRX |
Quote |
Chart |
News |
PowerRating)
September 80
puts were active. The stock closed at 81.72 and the September 80 puts (XTQ UP)
closed at 2.10 – 2.25.

Capital One
(
COF |
Quote |
Chart |
News |
PowerRating)
had a high put/call
volume ratio. The stock closed at 73.90 and the September 75 puts (COF
UO) closed at 2.60 – 2.70.

Federal National Mortgage
(
FNM |
Quote |
Chart |
News |
PowerRating)
also had
a high put/call volume ratio. The stock closed at 48.92 and the September
50 puts (FNM UJ)
closed at 1.85 – 1.95.

Flir Systems
(
FLIR |
Quote |
Chart |
News |
PowerRating)
broke to the upside. The stock closed at 25.06 and the
September 25 calls (FFQ IE)
closed at 1.55 – 1.95.

Palm
(
PALM |
Quote |
Chart |
News |
PowerRating)
also broke to the upside. The
stock closed at 15.04 and the September 15 calls (UPY IC) closed at 0.85 – 0.90.

Brice Wightman

PowerRatings are courtesy of
PowerRatings.Net