Monster Worldwide (MWW) shares are up $1.49 to $12 after William Blair upgraded the stock to Outperform from Market Perform. The firm believes deterioration in the newspaper indsutry should help online recruiting companies. In the options market, MWW volume is running 6X the usual, with 7,800 calls and 1,200 puts traded. Looks like a mix of both buyers and sellers driving increased volume in April and May 12.5 calls.

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