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.
  
  
  American Home Mortgage June 25 Calls ( AHM | Quote | Chart | News | 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.
  
  Dow Chemical May 45 Puts
  ( DOW | Quote | Chart | News | 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.
  
  Dendreon May 17.5 Calls ( DNDN | 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.
  
  Google Inc. June 430 Puts ( GOOG | 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.
  
  None today
  
  


• 
  
  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.
  
  WellCare Health Plans ( WCG | 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.
  
  Monster Worldwide ( MNST | Quote | Chart | News | PowerRating)

         
Lexmark International ( LXK | Quote | 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.