TradingMarkets 7 options you need to know for today

Here are 7 options for option traders for Wednesday:

Affiliated Computer Systems (ACS | Quote | Chart | News | PowerRating) saw a good deal of put buying. The stock closed at 48.60 and the July 50 puts (ACS SJ) closed at 2.35 - 2.50. ACS's PowerRating is 4.

Eastman Kodak (EK | Quote | Chart | News | PowerRating) had plenty of call buying. The stock closed at 23.08 and the July 25 puts (EK SE) closed at 2.15 - 2.25. EK's PowerRating is 3.

Lehman Bros. (LEH | Quote | Chart | News | PowerRating) had plenty of put buying relative to call buying. The stock closed at 62.37 and the July 62 1/2 puts (LES ST) closed at 2.80 -2.90.  LEH's PowerRating is 4.

Cephalon (CEPH | Quote | Chart | News | PowerRating) also had plenty of put buying relative to call buying. The stock closed at 54.65 and the July 55 puts (CQE SK) closed at 2.40 - 2.50.  CEPH's PowerRating is 3.

Centex (CTX | Quote | Chart | News | PowerRating) had plenty of put buying relative to call buying. The stock closed at 47.48 and the July 50 puts (CTX SJ) closed at 3.30 - 3.50. CTX's PowerRating is 4.

Pulte Homes (PHM | Quote | Chart | News | PowerRating) also had plenty of put buying relative to call buying. The stock closed at 27.23 and the July 30 puts (PHM SF) closed at 3.10 - 3.30.   PHM's PowerRating is 5.

Office Max (OMX | Quote | Chart | News | PowerRating) had plenty of put buying relative to call buying.  The stock closed at 40.50 and the July 40 puts (OMX SH) closed at 1.55 - 1.70. OMX's PowerRating is 5.

Brice Wightman

PowerRatings are courtesy of PowerRatings.Net