Archive for June 17th, 2008

Large Options Roll: Magellan Midstream (MMP)

Magellan Midstream Holdings, L.P. (NYSE: MGG) has seen an options roll-out trade today.  The trade itself isn’t all that interesting, but the size is. The JUN-09 $22.50 PUTS had some 20,026 contracts trade hands, and the open interest was    24,848 contracts.  If you go further out by only a month to the JUL-09 $22.50 PUTS [...]

Price/Volume Spike: Sociedad Quimica (SQM)

Sociedad Quimica (NYSE: SQM) technically is called in English as Chemical & Mining Co. of Chile Inc. (NYSE: SQM).  Shares were touted again last night by Jim Cramer on CNBC’s MAD MONEY for its chemical operations and its exposure to lithium ion batteries and to agriculture.  With 1-minute to the open this has already traded [...]

Volume Surge: Canadian Solar (CSIQ)

Canadian Solar Inc. (NASDAQ: CSIQ) is seeing a surge in pre-market activity today after the company raised its guidance.  The company lifted its annual guidance for 2008 from 200 to 220 MW to 230 to 260 MW in output and its estimated annual revenue from $650 to $750 million to $750 to $870 million.  Shares [...]

Pre-Market Volume Spike: Infinera Corp. (INFN)

Infinera Corp. (NASDAQ: INFN) is rather active to the downside in pre-market trading, and it was active last night in after-hours as well.  The stock closed at $13.81 yesterday before the company lowered its growth rates for 2008.  Last night we saw 269,889 shares listed as the after-hours trading with a $10.27 last according to [...]