Welcome to the Financial News Network Options Report.On the call side, ArcelorMittal (NYSE:MT) calls are seeing a lot of activity today, currently more than 5 times their average volume after the steel company announces plans to expand mining operations in Quebec, Canada. Ctrip.com (NYSE:CTRP) calls are trading at 4 times their average volume. Panera Bread Company(NYSE:PNRA) calls are also very active today, trading over 3 times their normal volume after CNBC's Jim Cramer gave the stock a positive rating. Barnes & Noble (NYSE:BKS) calls are still active today, trading at 3 times their normal volume after the news last week that Liberty Media is in talks to take over the company. Finally, IAMGOLD (NYSE:IAG) calls close out the list at 3times their average volume after reporting positive revenue earnings ten days ago.Taking a look at the put side of the ledger, Ann Inc (NYSE:ANN) puts are currently trading at close to 10 times their average volume even after reporting better then expected quarterly results last Friday. Stillwater Mining Company (NYSE:SWC) puts are very active today, trading at over 8 times their normal volume. EMC Corporation (NYSE:EMC) puts are trading at over 6.5 times their average volume today even after Barron's predicts the stock will rise with demand for cloud computing. Harley-Davidson (NYSE:HOG) puts are trading at 6.5 times their normal volume after several investors bet bearishly on the company. Finally, Waste Management (NYSE:WM) puts close out the list at close to 4 times their average amount. 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.