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 TM 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.

• Most Under-Priced Calls
  These are the most under-priced calls of all stocks in our database. This stock comes from today's list and is among the most under-priced individual calls.

Countrywide Financial Dec 20 Calls (CFC | Quote | Chart | News | PowerRating)

• Most Under-Priced Puts
  These are the most under-priced puts of all stocks in our database. This stock comes from today's list and is among the most under-priced individual puts.

Zymogenetics Nov 12.5 Puts (ZGEN | Quote | Chart | News | PowerRating)

• Most Overpriced Calls
  These are the most overpriced calls of all stocks in our database. This stock comes from today's list and is among the most overpriced individual calls.

Altus Pharmaceuticals Dec 15 Calls (ALTU | Quote | Chart | News | PowerRating)

• Most Overpriced Puts
  These are the most overpriced puts of all stocks in our database. This stock comes from today's list and is among the most overpriced individual puts.

Oil Service HOLDRS Dec 165 Puts (OIH | 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.

Parametric Technology (PMTC | 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 suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.

Humana (HUM | Quote | Chart | News | PowerRating)

• 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.

Teradyne (TER | Quote | Chart | News | PowerRating)