Volume Spike Investor

Anheuser-Busch Companies Inc. (NYSE: BUD) is starting to see another pickup in its call options activity today, which is looking similar to a move we saw two weeks ago.  That doesn’t mean any deal nor any major news is imminent, but it usually sends traders into a frenzy to see what they can dig up or if any rumors are in the stock.  We have included the various strike prices for each contract and we included today’s trading volume as of 2:20 PM EST (listed as “Vol.”) and the open interest (OpInt).

OPTION/STRIKE             Vol.       OpInt
JUN08 $60.00 CALLS   10,981   111,820
JUL08 $60.00 CALLS    12,649   53,630
JUL08 $65.00 CALLS    20,822   21,168
SEP08 $60.00 CALLS    3,552    43,683
SEP08 $65.00 CALLS    8,698    47,320

There was also an unusual PUT trade today as well, and based upon the open interest being half of today’s volume that is almost certainly a new position trade being put on…..

OPTION/STRIKE           Vol.        OpInt
SEP08 $65.00 PUTS    22,824    11,435

Shares are still in negative territory for the trading day although a steady move up was seen since about 1:30 PM EST today.  Trading volume is roughly 4 million shares and average trading volume is 6.44 million shares.

Jon C. Ogg
June 11, 200