A leak in LEAP? Shares of both Leap Wireless (LEAP) and MetroPCS (PCS) spike late Monday after the Wall Street Journal reports that LEAP has hired advisors to consider putting itself up for sale. Consequently, options action is heating up for a second day. Bullish trading surfaced in both names Friday (see Premium). Today, as shares rally around the news, sentiment in LEAP seems mixed, as some traders are likely taking money off the table. Shares are up $1.54 to $14.73 and 12K contracts traded (8750 calls and 3020 puts). PCS gained 29 cents to $5.92 and recent trades include 1,141 Feb 7.5 calls at the asking price of a nickel.