MIPS Technologies (MIPS) loses 10 cents to $6.41 and options volume on the Santa Clara, CA chipmaker is running 8X the daily average. 6840 puts and 630 calls traded in the name so far. The flow is concentrated in April (register to read more …) [...]

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Advanced Micro (AMD) implied volatility is moving up ahead of its earnings. The chipmaker is due to report after the closing bell today and some players in the options mart are likely bracing for a volatile move in the stock (register to read more …) [...]

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Marvell Tech (MRVL) sees heavy trading. The stock is up 34 cents to $15.87 on 11.7 milllion shares. Typical volume for the stock through midday is 6.8 million shares. Meanwhile, 32,000 calls and 4,070 puts traded in MRVL. February 16 (register to read more …) [...]

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Cirrus Logic (CRUS) surges $2.03 to $19 per share on upbeat earnings guidance and options volume is running 9X the daily average, with 13,000 calls and 3,030 puts traded on the integrated ciruit-maker. Most of the action has been in (register to read more …) [...]

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Largest implied vol mover today is Spreadtrum Communications, where 30day ATMIV is up nearly 20pts to the 90% level as shares trade down about 7% near 19.46. Option flow in the fabless semiconductor firm is running triple normal levels, and (register to read more …) [...]

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Intel (INTC) loses a dime to $24.45 and a Jul 17 – 23 put spread is apparently bought on the chipmaker for $1.26, 10200X on PHLX. It’s also traded about 1200X on ISE. 11,900 total and, while open interest is (register to read more …) [...]

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Rambus (RMBS) is a big mover today. Shares are up $1 to $8.32 after the chipmaker signed a licensing agreement with Broadcom (BRCM). Meanwhile, 7,730 calls and 1,680 puts traded on RMBS so far today. Jan 9 calls, which are (register to read more …) [...]

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Todays takeout of Novellus Systems by Lam Research has shares up 21% near $42, and it looks like a 4million payday for one or two savvy option traders who built the largest block of call open interest in NVLS over (register to read more …) [...]

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Fairchild Semiconductor (FCS) adds 12 cents to $12.79 and options volume on the stock is running 6X the daily average, driven by a morning sweep of 2,331 Dec 13 calls across multiple exchanges, for 30 cents when the market was (register to read more …) [...]

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MEMC Electronics (MEMC), which saw high put volume yesterday, is seeing decidedly different options order flow today. Shares are up 7 cents to $4.2 and options volume is 9,300 calls and 910 puts. Jan 9 calls, which are 114.3 percent (register to read more …) [...]

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