(Reuters) Hedge fund managers trading ideas at the Sohn Investment Conference on Wednesday spurred a flurry of activity in the options market in select stocks, as traders jockeyed to take advantage of the potentially profitable tips mentioned at the annual assemblage.
Options on a number of stocks saw a bump in trading volume on Wednesday as fund managers touted their long and short investment picks.
The spike in options activity was particularly noticeable for stocks whose options are usually lightly traded, including Bank Of The Ozarks Inc (OZRK.O) and Kraton Performance Polymers Inc (KRA.N).
