Harley Davidson (HOG) is up $1.86 to $30.24 after RBC Capital raised their price target on the motorcycle maker to $36 from $32. They believe that, with a credible restructing plan in place, HOG will outpeform as visibility improves and investors gain confidence. Options are seeing brisk trading as well, with 26K calls and 9415 puts traded so far. May 29 – 31 call spreads traded, 2400X, on the ISE and looks like sellers, maybe rolling up bullish positions from the ITM to OTM calls. Meanwhile, implied volatility is up about 8 percent to 38.5.