- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Retail Earnings and Sales to Improve in Q4: Analyst
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
- Art Cashin: Caution 'Growing' in Financials, Dividend Moves
- 3 Software Stock Picks from Lazard's Senior Analyst
- Investors Bet on a New Year's Rally For eBay
- Why You Should Play the Reflation Trade: Stock Picker
MOST SHARED
- No Thanksgiving Rest for Retailers in Sales Race
- Finding the Holiday's Best Buys
- Banks Play Down Dubai Exposure, Investors Still Wary
- More Asia Executives Resigned to Economy Flights: Survey
- UK's Darling to Downgrade 2009 Growth Forecast
- Attraction of Switzerland to Businesses
- San Miguel Sells $1.36 Billion Stake to Ally
- Farrell: What's Different On This Black Friday
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- US Markets Bracing for Selloff on Dubai Debt Worries
- Dubai's Debt Woes Signal New Era for Creditors
- US Dollar Rises Against Most Currencies—Except Yen
- Shoppers Hit Black Friday Sales, Budgets Pared
- Fantasy Christmas Gifts 2009
- Car Insurance Scofflaws Raise Health Reform Doubt
- ING Prices Share Issue at Hefty Discount
- Cheap Robotic Hamsters Are Holiday's Unlikely Craze
- EU Names New Leadership Team to Boost Economy
RSS FEED
CNBC Stock Blog
Text Size 
Health services firm Health Net has been rising for the last month and is up another 6 percent Wednesday amid heavy options volume.
In the first 90 minutes of the session alone, HNT contracts had already traded more than seven times the 20-day average with upside calls on several strikes in several months. The most active trading was in the February 17.5 calls, which went for $0.40, according to OptionMonster's tracking systems.
Health Net shares [HNT
Loading...
()
] are trading higher at midday to $15.85, up roughly 50 percent since hitting a low of $10.35 on Dec. 29 but still far below its 52-week high of $48.78 from last February. The latest run has been strong and swift, and the options activity today suggests that HNT may have more to go.
________________________________
Competitors:
Cigna [CI
Loading...
()
]
UnitedHealth Group [UNH
Loading...
()
]
________________________________
Pete Najarian is a professional investor, CNBC contributor, regular co-host of CNBC's "Fast Money" and co-founder of OptionMonster.com.
___________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes