Sirius Satellite (SIRI) with relative strength and high call volume today. Shares are up 7 cents to $1.85 and options volume on the satellite radio operator is 31,000 calls and 1,700 puts. The top trade is a 951-lot of Jan (register to read more …) [...]

read more from this topic.....

Heavy trading in Focus Media (FMCN) is being attributed to a negative Muddy Waters research report (unconfirmed). Shares are down $7.40 to $18.10 and today’s options volume, of 75K puts and 24K calls, is 5X the daily average for the (register to read more …) [...]

read more from this topic.....

Serious call volume in Sirius XM (SIRI) as some players are seizing Mar 2 calls on the satellite radio operator. One player pay 13 cents per contract, 19700X. Shares are flat at $1.68 and more than 40,000 traded against 16,000 (register to read more …) [...]

read more from this topic.....

Viacom (VIA/B) trades up 44 cents to $40.74 after reporting a $1.06 per share quarterly profit, which was four cents better-than-expected. In early options action, one strategist sold 10,000 Nov 41 calls on the stock at 85 cents each. The (register to read more …) [...]

read more from this topic.....

Relative weakness and higher put volume in Focus Media (FMCN) . Shares are off $1.28 to $25.34 and 28,000 puts traded on the Chinese media company, which is more than 7X the day’s call volume and about 16X the expected (register to read more …) [...]

read more from this topic.....

Disney (DIS) is up 32 cents to $35.48 and is one of 22 Dow stocks holding gains Monday afternoon. Noteworthy options trades on the media giant include an April 25 – 35 (2X1) put ratio spread for $1.82 on the (register to read more …) [...]

read more from this topic.....

News Corp (NWS) adds 30 cents to $17.19 and one strategist buys-to-open 15000 Oct 16 puts on the media giant for 15 cents per contract. After a seven-day 13 percent run higher, the contract is almost 7 percent OTM with (register to read more …) [...]

read more from this topic.....

Sirius XM Radio (SIRI) loses two pennies to $1.43 and a 15000-contract block of Dec 1.5 puts is sold-to-close on the stock at 26 cents per contract on ISE. Dec 1.5 puts on SIRI are 4.7 percent in-the-money with 38,860 (register to read more …) [...]

read more from this topic.....

Focus Media (FMCN) is under pressure and implied volatility in the options on the Hong Kong-based ad agency is ripping higher Thursday. The stock is down $3.17 to $21.37 and options volume is 31,000 contracts (13K calls/18K puts). Normal volume (register to read more …) [...]

read more from this topic.....

Sirius XM Radio (SIRI) is flat at $1.81 and a 6840-contract block of December $2 calls trades on the satellite radio operator at 20 cents on ISE. Sentiment data indicate an opening seller for a customer account.10,000 traded, including a (register to read more …) [...]

read more from this topic.....