Small Cap Stocks
Post-earnings action in Accuray. The stock is up $1.02 to $10.27 and a June 10 – Sep12.5 call spread trades on the San Jose, CA medical equipment company at 25 cents, 7000X. The Sep 12.5 calls open and the June 10s appear to be closing, as open interest in the Jun 10 strike is 15,225 [...]
Advance Micro Circuits attracts increased call activity. The stock is down 75 cents to $10.05 and falling to session lows in active trading of 2.2 million shares. Options volume is running 5X the daily average. 6,390 calls and 445 puts so far. Recent trades include a 2000-lot of Mar 12.5s for 25 cents when the [...]
CBL sees higher put volume. Shares are up 43 cents to $16.91 and options volume on the Chattanooga, TN retail REIT is focused on the Mar 15 puts, where 5125 contracts traded against 6 contracts in open interest. The activity includes 3650 contracts for 45c on ISE when the market was 15 to 45 cents. [...]
Textura shorts getting squeezed ahead of earnings. The company is due to report after the bell and the stock is up $2.7, or 8.3%, to $35.42 in relatively active trading of 877K shares. Recent options trades on the business software company inculde a sweep of 2,000 Feb 35 puts for $2.45 when the bid-ask was [...]
Unusual activity in Verso Paper. The stock is up 17 cents to $2.87 and it looks like an investor bought 4,000 Mar 5 calls on the Memphis, TN paper company for 25 cents per contaract. 4,010 traded total against 2,218 in open interest. Feb 5 calls have 6,955 contracsts of open interest and are currently [...]
Call buyer looking for a Leap in Leapfrog? Initiator paid 60c for a total of 1600 June 7.5 calls as shares traded near 52wk lows of 7.10. Earnings mid Feb and today’s flow may replace some of the upside that rolled off when January options expired.
Jan 5 calls on ARMOUR Residential REIT see a second day of interest. Yesterday’s flow created 8415 contracts of new open interest at that strike. The stock is up a penny to $4.09 and another 4,568 traded for 25 cents when the market was 20 to 25 cents. Looks like repeat purchases in the REIT.
What’s with the spreads in Sangamo Biosciences. It was noted earlier that a Jan 7 – 15.5 call spread was apparently being sold-to-close on the biotech at $5.70 this morning. Not long after that, hefty speads were being bought in the Jan2016 contracts. The investor bought the Jan 25 – 35 cs on the stock [...]
Opening action in Fusion IO. The stock is up a nickel to $10.59 and a Sep 12 – 17 call spread is apparently being bought on the storage device-maker for $1.125, 4000X. If so, the new position seems to be expressing confidence that the stock can rebound from recent losses through mid-September. FIO is down [...]
Call spread in Sangamo Biosciences. The stock is off 19 cents to $18.89 and it looks like the investor sold the Jan 7 – 15.5 cs on the biotech at $5.70, 30000X. The volume matches the open interest in those two strikes and the activity might close a position opened in June, which included a [...]