Call options in SOHU are busy for a second time in three days. Shares are up $3.13 to $90.26 and April 95 calls are the most actives. 1,700 traded and possibly seeing some closing trades, as 39 percent traded bid/40 percent ask and open interest is 1,727. April 90 and May 95 calls are the next most actives. Total volume is 8,180 calls/1,925 puts, and 3X the average daily. SOHU April 80, April 95 and Jun 95 calls saw interest Tuesday (see 3/29 color). It’s not clear what’s driving the action in the Chinese Internet company this week. Shares are up nearly 9 percent since Friday.

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