Small Cap Stocks
Fusion Io (FIO) dropped to new lows of $12.75 on news another company co-founder has left the board, but has since rebounded and is up 14 cents to $13.43 in heavy trading of 2.7 million shares. Options action on the Salt Lake City data storage device-maker is heating up as well. 5,280 calls and 2,500 [...]
Celldex (CLDX) is up 94 cents to $15.52 in active trading of 2.5 million shares and options volume is running 7X the daily average. 5,380 puts and 2,390 calls so far Implied volatility in the options on the biotech is moving up 26 percent to 60, new 52-week highs, and some investors are apparently seizing [...]
Pan American Silver (PAAS) is up 2 cent sto $12.22 and options volume on the stock is running 3X the daily average. 6,125 calls and 1,075 puts. Jul 14 calls are the most active. 2,415 traded against 787 in open interest. Looks like a sweep buyer paid 35 cents per contract on 2,400 contracts. Jun [...]
Arch Coal (ACI) ticks seven sents higher to $5.08 and sweep of 1,218 June 5.5 calls traded on the stock for 17 cents a few minutes after the bell, then 1,490 more for 18 cents. Looks like early call buyers on the coal producer. 2,828 contracts traded.
Uni Pixel (UNXL) is under fire and implied volatility in the options on The Woodlands, TX electronics company is spiking today. UNXL is in the midst of a conference call and the stock is down $8.80 to $27.94 on increasing volume of 4.5 million shares. 18,000 calls and 13,000 puts traded in the name, which [...]
Fusion IO (FIO) is lifting off session lows and is now flat at $14.83 per share. 2,820 calls and 474 puts traded on the stock, including a sweep of 1,153 Jun 18 calls for 30 cents when the market was 25 to 30 cents.
James River Coal (JRCC) is up 45 cents to $2.67 in active trading of 883K shares and options action is heating up as well. 4,625 calls and 1,245 puts in the first five minutes of Friday’s session. Early trades include a sweep of 2,970 Jun 3 calls for 15 cents per contract when the market [...]
Officemax (OMX) is off 21 cents to $11.83 and 5000 Jan 11 calls were bought on the stock for $2.035 per contract, to open. I’m hearing it is related to a 13,140 lot of Jan 4 calls sold on Office Depot (ODP) at 55 cents, which also looks opening. So, pairs trade in the office [...]
Diana Shipping (DSX) is up 45 cents to $10.57 in active trading of 2.2 million shares as the sector sees relative strength on earnings from Eagle Bulk Shipping (EGLE). Options volume on DSX, which reports the morning of 5/22, is running 8X the daily average. 7,800 calls and 1,215 puts so far. Jun 11 calls [...]
TIVO is up a nickel to $12.42 and a Jun 13 – 15 (1X2) call ratio spread is bought on the stock for 25 cents, 3000X. Looks like a repeat of Friday, when the same ratio spread was opened for 12 cents, 8000X. Also today, a May – Jun 14 call spread is bought on [...]