TradingMarkets 7 options you need to know for today

Here are 7 options for option traders for Wednesday:

Bunge (BG | Quote | Chart | News | PowerRating) saw a good deal of put buying. The stock closed at 48.38 and the July 50 puts (BG SJ) closed at 2.50 - 2.65. BG's PowerRating is 6.

MGM Mirage (MGM | Quote | Chart | News | PowerRating) had plenty of call buying. The stock closed at 38.22 and the July 40 puts (MGM SH) closed at 2.20 - 2.35. MGM's PowerRating is 5.

Lehman (LEH | Quote | Chart | News | PowerRating) had plenty of put buying relative to call buying. The stock closed at 61.36 and the July 60 puts (LES SL) closed at 1.05 - 1.15. LEH's PowerRating is 4.

Barr Pharmaceuticals (BRL | Quote | Chart | News | PowerRating) also had plenty of put buying relative to call buying. The stock closed at 47.95 and the July 50 puts (BRL SJ) closed at 2.70 - 2.85. BRL's PowerRating is 5.

Myogen (MYOG | Quote | Chart | News | PowerRating) had plenty of put buying relative to call buying. The stock closed at 27.49 and the July 30 puts (QJV SF) closed at 3.00 - 3.30. MYOG's PowerRating is 4.

Adobe Systems (ADBE | Quote | Chart | News | PowerRating) also had plenty of put buying relative to call buying. The stock closed at 29.94 and the July 30 puts (AEQ SF) closed at 0.80 - 0.90. ADBE's PowerRating is 3.

Monster Worldwide (MNST | Quote | Chart | News | PowerRating) had plenty of put buying relative to call buying.  The stock closed at 42.05 and the July 45 puts (BSQ SI) closed at 3.50 - 3.60. MNST's PowerRating is 4.

Brice Wightman

PowerRatings are courtesy of PowerRatings.Net