Updated with link to story. Nova Chemicals (P/C Chart, news, volatility) sank to a new low of $1.05 early, but has since spiked up to $1.93, up 83 cents on the day, after the Streetwise Blog reports that it may have found a financial savior. Speculation is the co. struck a $100 mln funding arrangment from an Alberta pension or government owned bank. Options volume is running at 3X the average daily, with buyers in the Feb 2.5 calls and some sellers seen in March 2.5 and 5 call options.