TIVO is up 17 cents to $7.90 and 11K calls traded in the name on talk the en banc review between TIVO vs. DISH might be cancelled. TIVO shares plummeted 41.6 percent on May 14 on news an appeals court had granted the en banc hearing to reconsider the long-running patent case between the two companies. Today’s chatter seems to have sparked some interest in TIVO calls, as 3630 July 8, 3394 July 9, and 2790 Aug 9s have traded so far. Meanwhile, implied volatility is up 18 percent to 79.

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