Mike Khouw Sees Unusual Options Activity In Nuance Communications Inc.

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Mike Khouw said on
CNBC's Options Action
that there was an unusually high options trading volume in
Nuance Communications Inc.NUAN
, as 5.5 times average trading volume was traded. The reason for an increase in volume was Carl Icahn's tweet, which sparked speculations that he might pressure
Apple Inc.AAPL
to buy
Nuance Communications Inc.
. Before the tweet only 33 contracts were traded and after the tweet the volume increased to 7,126 contracts.
Nuance Communications Inc.
closed the session 0.41 percent higher and it added 3.25 percent in after hours trading.
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Posted In: CNBCMediaCarl IcahnMike Khouw
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