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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With broad averages up some 3.6% this morning, overall option volume is running 18% above recent average pace and on track for 23million contracts, a welcome improvement over the volume seen during Monday’s 2.9% rally when just 14.1million contracts traded (register to read more …) [...]

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Micron Technology (MU) sees a flurry of activity in recent trade. Shares are up 28 cents to $5.75 and the focus is on Nov, Dec and Jan 6 calls. The flow includes several multi-exchange sweeps trading at the offer and (register to read more …) [...]

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