Atmel Corp (ATML) $15.18 +1.95%

| May 9, 2011 | 0 Comments More

Atmel shares are rebounding, up 25c to $15.17, after tumbling 6% to $13.88 on Thursday following its earnings report in which it narrowed down its guidance. Option volume is running 3x the daily driven buy a block of 7,550 (now total of 10,350) contracts of May 15 calls which have been sold on the 41c bid price. This looks a closing transaction from a positioned opened on 4/5 when some 10,000 contracts were purchased to open between 35c-40c when shares were trading around $13.25.

Category: All Stocks, Mid Cap Stocks, Semiconductors

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