Hexcel (HXL) traded 30X average call volume Monday, with 3,110 traded. December $12.50 calls were bought with shares at $12 just 4 days from expiry, and June $15 calls traded offer side in multiple 100+ contract lots. Shares broke out of a wedge today and have seen strong buying volume the last few days. IV has jumped from 73% to 79% in the last couple days. The composites maker for aerospace and defense, as well as wind energy, could see positive movement with the Boeing (BA) Dreamliner launch coming, if successful, as demand for materials will pick up. Shares trade at a PEG of 0.93, 18.8X cash flow, and 19.7X earnings, but there is major upside potential. The breakout seen today on the chart could gain some steam and send shares much higher.