Options Report: February 18th, 2011

February 18, 2011

Welcome to the Financial News Network Options Report.On the call side, Cemex is seeing close to 12 times the normal call volume today as investors rallied behind the cement industry during the trading session today. Jinko Solar also very active today with almost 9 times the average amount of calls after a large block of contracts was purchased today. Exelisis and Lyondell Basell are not far behind with 8.2 and 8.2 times the average amount of calls. Wal-Mart closes out the call list today with 8.1 times the normal volume, as investors await the retail giant's quarterly earnings report on Tuesday.Taking a look at the put side of the ledger, Weight Watchers is tipping the scales at over 10 times the average amount of puts, a day after the company reported better than expected earnings and shares soar more that 45%. Next on the list is MEMC Electronics at close to 5 times the average amount of puts. Tesoro and Ultra Petroleum are neck and neck with over 4 times the average amount of puts, a sign that investors may see some weakness in the sector. Lastly, Retailer Best Buy clocks in at 3.9 times the average amount of puts after a large block of contracts saw sold just before their expiration date. 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.