Sohu.com (SOHU) saw a midday spike on heavy volume and was recently up $1 to $69.74. Call activity is picking up as well, with 2,915 contracts traded — 4X the normal activity and almost 3X the number of puts. Implied vols moving up to 48, from about 45 late yesterday; ahead of an Oct 26 (before market) earnings report. [Note: This update was first posted at 12:33 in WhatsTrading.com Premium -- a real-time options news and information service designed for active options traders. Click the link to learn more and to start a Free Trial. Free trial offer ends soon.]