TradingMarkets 7 Options You Need to Know for Today

Here are 7 options to watch for today. This list comes directly from the TM Options Indicators page and is created using OptionVue options analysis software.

TradingMarkets subscribers can obtain the full list of candidates and learn how to apply the results in actual trading by clicking on the individual links. Subscribers can also access the TradingMarkets Stock Indicators page, which is based upon our latest quantitative research, and the Market Bias Indicators, to help determine short-term market direction. Futures traders can access our daily Futures Indicators lists.

Plus, don’t forget to use the free TradingMarkets Stock Scanner to find more potential setups.

  • Most Underpriced Calls

    These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.

    USANA Health Sciences July 45 Calls
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    USNA |
    Quote |
    Chart |
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    PowerRating)

  • Most Underpriced Puts

    These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.

    Celgene Jul 60 Puts
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    CELG |
    Quote |
    Chart |
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    PowerRating)

  • Most Overpriced Calls

    These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.

    Google Inc. July 550 Calls
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    GOOG |
    Quote |
    Chart |
    News |
    PowerRating)

  • Most Overpriced Puts

    These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.

    Research In Motion July 150 Puts
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    RIMM |
    Quote |
    Chart |
    News |
    PowerRating)

  • Stocks with Abnormal Call Volume

    These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.

    Applera Corp-Applied Biosystems Group
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    ABI |
    Quote |
    Chart |
    News |
    PowerRating)

  • Stocks with Abnormal Put Volume

    These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggestsan extraordinarily negative earnings report, or other news which may negatively affect the stock.

    None today

  • Abnormal Put/Call $ Volume

    These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.

    Utilities Select Sector SPDR
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    XLU |
    Quote |
    Chart |
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    PowerRating)

          AMR Corp.
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AMR |
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Chart |
News |
PowerRating)

Darren Wong

Associate Editor

darrenw@tradingmarkets.com

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Reminder: We are in no way recommending the purchase or sale of these options. This article is intended for education purposes only. Trading should be based on your own understanding of market conditions, price patterns and risk; our information is designed to contribute to your understanding.