Oracle (ORCL) shares fell late Thursday and are down 26 cents to $23.44 this morning on news the company is being sued by the Department of Justice for alleged software contract fraud. The news triggered a flurry of activity in (register to read more …) [...]

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A massive trade in Microsoft calls printed on the ISE this afternoon, totalling nearly 180,000 contracts, versus a hedge 700,000 shares at $26.11. Data indicates a customer bought 128960 September 28 calls to open, for an avg price near 24cents, (register to read more …) [...]

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Symantec shares are off 10c to $14.90 and notable volume in the Sep. $16 calls as a block of 18,500 (now a total of 25,000) have traded at the 35 ask price most likely tied to stock. The computer software (register to read more …) [...]

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Microsoft option flow ahead of this afternoon’s earnings is running double the typical level for the stock, as shares trade up 75 cents near $25.77 in relatively light spot volume of 44 million shares. 144,000 calls have traded by mid-afternoon, (register to read more …) [...]

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Yahoo (YHOO) is down $1.23 to $13.97 after the Internet company reported earnings that beat expectations, but revenues fell short of estimates and Yahoo offered only in-line earnings for the third quarter. In the options market, sentiment seems a bit (register to read more …) [...]

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Pre-earnings action in Google (GOOG). Shares are down $1.64 to $489.70 on the day (up 4.75 percent on the week) and 125K options traded on the Internet giant. The volume, which is twice the average daily for Google, includes 75K (register to read more …) [...]

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Verisign shares are up 30c to $28.80 and notable trade in the Jan. $25 call trades an 8,500 block at the $5.45 ask price in an opening purchase. Shares of the internet domain name servicer hit a 7/6 low of (register to read more …) [...]

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Yahoo (YHOO) shares added 20 cents to $14.60 Thursday and a noteworthy spread in the January 14 – 17.5 calls, apparently bought at $1.34, 5000X to open a new position. Shares added 15 cents this morning and are now up (register to read more …) [...]

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Big Print in Oracle as 35.7K of the Jan. $20 puts were bought at 98 cents each. 40K traded total and tied to 918,000 shares at $23.20 in what could be closing position as open interest is sufficient to cover. (register to read more …) [...]

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Microsoft (MSFT) is up 46 cents to $25.45 and the Oct 25 – 28 strangle is sold at $2.47, 20000X on CBOE. Volume exceeds open interest in the puts and so this is likely a new position in anticipation of (register to read more …) [...]

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