TradingMarkets 7 Options You Need To Know For Thursday

Here are 7 options for option traders for Thursday:

Redback Networks (RBAK | Quote | Chart | News | PowerRating) saw a good deal of put buying. The stock closed at 17.38 and the July 17 1/2 puts (RBU SW) closed at 1.15 - 1.25. RBAK's PowerRating is 7.

Target (TGT | Quote | Chart | News | PowerRating) had plenty of call buying. The stock closed at 48.46 and the July 50 puts (TGTM SJ) closed at 1.80 - 1.90. TGT's PowerRating is 4.

Dell (DELL | Quote | Chart | News | PowerRating) had plenty of put buying relative to call buying. The stock closed at 23.85 and the July 25 puts (DLQ SE) closed at 1.25 - 1.35. DELL's PowerRating is 5.

Pulte Homes (PHM | Quote | Chart | News | PowerRating) also had plenty of put buying relative to call buying. The stock closed at 28.43 and the July 30 puts (PHM SF) closed at 2.05 - 2.15. PHM's PowerRating is 4.

Sara Lee (SLE | Quote | Chart | News | PowerRating) had plenty of put buying relative to call buying. The stock closed at 28.43 and the July 30 puts (QJV SF) closed at 3.00 - 3.30. SLE's PowerRating is 5.

Winnebago (WGO | Quote | Chart | News | PowerRating) also had plenty of put buying relative to call buying. The stock closed at 29.28 and the July 30 puts (WGO SF) closed at 1.40 - 1.60. WGO's PowerRating is 5.

American Express (AXP | Quote | Chart | News | PowerRating) had plenty of put buying relative to call buying.  The stock closed at 52.18 and the July 52 1/2 puts (AXP SX) closed at 1.05 - 1.15. AXP's PowerRating is 6.

Brice Wightman

PowerRatings are courtesy of PowerRatings.Net