Small Cap Stocks
Diana Shipping Inc (DSX) Draws Call Buying
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 Inc. (TIVO) $12.40 +0.24%
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 [...]
Fusion io Inc (FIO) $15.43 +2.05%
Fusion IO (FIO), which was reeling one week ago on news two company co-founders are leaving the company, is up 41 cents to $15.54 today in active trading of 5 million shares on positive broker commentary and after filings showed some big investors (Tepper, Appaloosa) taking a stake in the Salt Lake, UT data stoarge [...]
MannKind Corporation (MNKD) $5.13 +8.50%
MannKind (MNKD) adds 38 cents to $5.11 in active trading of 2.7 million shares on an analyst upgrade and a 10000-lot of Jan 5 calls is bought on the stock for $1.35. Open interest in that strike is 122K and so today’s call buying is possibly closing, as the contract is now 11 cents in-the-money [...]
Conns Inc (CONN) $48.43 +0.90%
Conns Inc (CONN) is up 14 cents to $48.14 and a bullish three-way spread is being opened on The Woodlands, TX appliance retailer. An investor sold 3,000 Oct 40 puts on the stock at $2.90 to buy 3000 Oct 50 – 60 call spread for $4. It will create the largest blocks of open interest [...]
World Acceptance (WRLD) $87.69 -5.20%
World Acceptance (WRLD) sees a volatile move lower intraday and is down $4.85 to $87.65 on increasing volume of 413K shares on a negative Citron Research report. 2,675 puts and 525 calls traded on the Greenville, SC credit services company. May 90, Oct 65 and Oct 70 puts are the most active and 30-day implied [...]
NII Holdings (NIHD) $7.40 +2.92%
NII Holdings (NIHD) adds 21 cents to $7.41 and a Dec 4 – 9 bullish risk-reversal trades on the stock for 90 cents, 1750X on ISE. A customer is selling puts, buying calls, to open, according to ISEE data. 3000 now traded. Jan 5 calls on the Reston, VA wireless company are also seeing interest [...]
E Commerce China Dangdang Inc (DANG) $5.00 +7.51%
eCommerce DangDang (DANG) is up 35 cents to $5 in active trading of 1.3 million shares and has rallied 32 percent in the past two weeks, heading into a May 16 earnings report (before market). Options volume on the Chinese company is 4.5X the daily average today. 4,500 calls and 450 puts so far. The [...]
Office Depot Inc (ODP) $3.95 +1.28%
Office Depot (ODP) is up a nickel to $3.95 and a 10275-lot of July 4 calls trades on the stock at 25 cents. Hearing it was sold. If so, it might add to the open interest, which is 13,716 and the largest in the office supplies retailer. Most of the OI dates back to 2/13 [...]
MEMC Electronic Materials Inc (WFR) $5.85 +8.13%
MEMC Electronics (WFR), which reported earnings Thursday, is on a two-day 15.8 precent rip higher and moving to 52-week highs amid strength in solar names today (CSIQ, TSL, FSLR, SPWR, JASO). The sector is a bright spot for a second day and options volume is picking up in a number of names, including WFR. 12,000 [...]
