DryShips (DRYS) adds 15 cents to $2.40 in active trading of 4.6 million shares after Global Hunter initiated the stock with a Buy rating. 10,000 calls and 400 puts have traded on the stock so far. June. July and Sep (register to read more …) [...]

read more from this topic.....

Paccar (PCAR) is off 64 cents to $39.84 and bearish flow is detected on the Bellevue, WA auto parts maker after multi-exchange sweeps of May puts traded on the stock in afternoon action Thursday. The largest is 965 May 39.3 (register to read more …) [...]

read more from this topic.....

Monster Beverage (MNST) shares rallied to $83.96 this morning on a Wall Street Journal article suggesting that Coke might be interested in the company. MNST is now up $7.08 to $72.61 and off 13.5 percent from sessions highs on heavy (register to read more …) [...]

read more from this topic.....

FedEx (FDX) adds $1.18 to $87.81 and midday trades on the stock include an Oct 60 – 70 put spread, bought for $1.14, 3700X to open. FDX is rebounding from a five-day 6 percent losing skid today and the spread (register to read more …) [...]

read more from this topic.....

United Technologies (UTX) is off 90 cents to $79.33 and is among 24 Dow stocks trading lower, as market breadth turned negative mid-morning and the industrial average fell for a fifth consecutive trading session. The Dow is now down 105 (register to read more …) [...]

read more from this topic.....

Implied volatility in the options on Fushi Copperweld (FSIN) remains elevated, as high put volume continues in the Chinese electrical equipment company. 6,930 puts and 510 call traded on the stock so far today, which is 2.5X the daily average. (register to read more …) [...]

read more from this topic.....

Corrections Corp of America (CXW) adds $1.50 to $28.71 and is moving to 52-week highs today after a 13D filing showed Covex Mgmt with a 7 percent stake in the company. An investor might be looking to hedge recent gains (register to read more …) [...]

read more from this topic.....

Fushi Copperweld (FSIN) came under fire and hit a low of $5.76 in volatile morning action Tuesday. Shares of the Beijing-based electrical equipment company are now down 75 cents to $6.82 on volume of 1.6 million shares. Average daily volume (register to read more …) [...]

read more from this topic.....

Largest option print of the day was a closing seller of GE April 21 calls on the ISE just before noon when share were near 20.02. 75K traded and the flow looks to close out a purchase from earlier this (register to read more …) [...]

read more from this topic.....

Smith and Wesson (SWHC) is shooting higher and was recently up $1.03 to $7.93 on heavy volume of 3.5 million shares after peer Sturm Ruger reported strong bookings. Ruger booked more than a million orders for firearms in the first (register to read more …) [...]

read more from this topic.....