Satyam Computers (SAY) is up 80 cents to $6.28 and some players appear to be looking for additional upside, with active trading in Sep and Oct 7.5 call options Monday. 5,590 Sep 7.5s traded, compared to open interest of 1847 of open interest. SAY implied vols jumped to 106, from about 80 late Friday.

1 user commented on " Satyam Computer Services Ltd (SAY) $6.32 +15.33% "
Follow-up comment rss or Leave a Trackbackinteresting rally today
too many confusion accounting issues for me but thought about India today (PIN/EPI) myself…no fish though
still like my India banks over any of those
not mentioning names….