Small Cap Stocks
Rambus Inc (RMBS) $6.96 +2.28%
Rambus (RMBS) adds 14 cents to $6.94 in active trading of 1.3 million shares and options volume on the chipmaker is running 4X the daily average, but with no immediate news to explain the heightened activity. 4,580 calls and 790 puts traded in the name so far. May 7 calls are the most active. 1,365 [...]
Vocus Inc (VOCS) $13.45 +2.48%
Vocus (VOCS), a Beltsville, MD internet software company, is up 31 cents to $13.43 and one investor sells 8,000 May 12.5 puts on the stock at 35 cents per contract. More than 10,300 traded against 2,131 in open interest. April 12.5 puts saw similar activity on 3/1 after 10,000 traded at 25 cents per contract [...]
Flotek Industries Inc (FTK) $16.08 -0.43%
Flotek (FTK) is down 4 cents to $16.11 and options volume on the Houston, TX chemicals company is 8.5X the daily average, being led by a Sep 12.5 – 15 (3X2) put ratio spread. The investor bought 10,000 Sep 15s for $1.20 and sold 15,000 Sep 12.5s at 45 cents each. The same spread traded [...]
Rite Aid Corp (RAD) $2.23 +5.42%
Rite Aid (RAD) is up 13 cents to $2.25 and on a two-day 30 percent surge since reporting earnings Thursday morning. On the options front, more than 20,000 Apr 2 calls have traded on the retailer. The top trade is a 1782-lot at 25 cents when the market was 25 to 30 cents. Open interest [...]
Questcor Pharmaceuticals Inc (QCOR) $28.26 -1.33%
Questcor Pharmaceuticals (QCOR) is off 15 cents to $28.49and a May 28 – 30 bearish risk-reversal is bought on the stock for 60 cents, 2500X. It might add to positions opened yesterday when the same combo traded for 40 cents, 2500X, on ISE. Shares of the biotech are down nearly 20 percent since Mar 21 [...]
Penn Virginia Corp (PVA) $4.40 +8.91%
Penn Virginia Corp (PVA), a Radnor, PA oil and gas company, is up 36 cents to $4.40 and 4600 May 5 calls are bought on the stock for 15 cents per contract. 5,160 traded on the day and is opening. Jun and Sep 5 calls seeing a bit of interest as well. The company is [...]
Suntech Power Holdings Co Ltd (STP) $0.87 +17.82%
Suntech Power (STP) is up 13 cents to 87 cents in heavy trading of 20.3 million shares and has more than doubled in value in just four trading sessions. Options volume on stock is 3.5X the daily average today. 28,000 calls and 9,600 puts so far. May .5 calls are the most actives. 8,300 traded. [...]
NII Holdings (NIHD) $7.25 -1.96%
NII Holdings (NIHD) drops 13 cents to $7.26 and a Sep 4 – 6 put spread is bought on the stock for 60 cents, 10000X, to open. NIND staged an impressive six-day 77.6 percent surge prior to today, but is down modestly Thursday on news the Reston, VA wireless company is taking a charge against [...]
GAFISA SA (GFA) $4.33 -5.25%
Brazilian Home Builder GAFISA shares are down nearly 4% today, near 4.39, but option flow is notably bullish with an opening buyer of 1500 June 5 calls for 25cents just after 10am when shares were near 4.47. Trade is 15x the typical daily call volume in the name and will create the largest block of [...]
ImmunoGen Inc (IMGN) $16.94 +5.09%
ImmunoGen (IMGN) adds 84 cents to $16.96 after offering an update on preclinical findings for an experimental drug. Options volume on the biotech is 13.5X the daily average, being led by a Jul 15 – 16 bullish risk-reversal for $1.325, 1200X, to open. It might roll, as Apr 14 calls on IMGN are also seeing [...]
