Overstock.com (OSTK) is up 25 cents to $10.61 and options volume is running 4X the usual. 1,550 April 12.5 calls traded so far. The top two trades are 401 and 392 contracts at the offer for a dime. Most of the volume has been in smaller size and also hitting ask-side for a dime. Existing open interest is 1,292. Open buys in the April 12.5 calls seems unsual, as the contract is 17.8 percent out-of-the-money with 2.5 trading days of life remaining. Earnings are expected around April 17, but that date has not been confirmed and is not yet posted on the company’s web site.