Varian Semiconductor Equipment Associates Inc (VSEA) $19.55 +1.72%
Varian Semiconductor (VSEA) is up 32 cents to $19.54 and total options volume is running at 4X the normal levels. 4,800 calls and 565 puts traded so far. May 17.5 and 20 calls are seeing interest and it looks like buyers are dominating the action. 59 percent of the volume is on the ISE where sentiment data suggest 65 percent isopening customer call buys.
Looks bullish. Will add to watch list for signs of additional bullish order flow.
Category: All Stocks, Semiconductors, Small Cap Stocks
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About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.
