http://www.theoptionsinsider.com/tradingtechnology/?id=891 Unusual Options Activity Alert In Teva Pharmaceuticals (TEVA), XTO Energy (XTO), Cheasapeake Energy (CHK) & iShares Emerging Markets Fund (EEM) Posted on 6/25/2008 in Trading & Technology by Frederic Ruffy Teva Pharmaceuticals (TEVA) TEVA was the subject of some strangle buying Wednesday. With TEVA trading near $45.00 a share at 12:45 Eastern time, an order of 1,500 December 47.5 calls traded ask side for $2.00 a contract, and the same number of 1,500 December 45 puts traded ask side for $3.00 a contract. More than 3,000 of each traded, suggesting the strangle might have been repeated more than once... rest of article posted here: http://www.theoptionsinsider.com/tradingtechnology/?id=891