Volume Spike Investor

There has been a pick up in trading activity of general Motors Corp. (NYSE: GM) this afternoon via the put and call and options. The JULY08 $15.00 CALL and $15.00 PUT strikes have seen a sudden pick up: $15.00 CALLS saw    14,095 contracts trade and the open interest was 28,681 before today. $15.00 PUTS saw [...]

There has been what sort of looks or feels like a concerted early-afternoon selling surge in shares of JPMorgan Chase (NYSE: JPM).  What is interesting about this selling surge is that JPMorgan is THE best of the best banks right now.  This had been positive all morning but the selling picked up right after Noon [...]

National City Corporation (NYSE: NCC) has not gone without its shares of trouble since the financial meltdown started. OCT08 $4.00 PUTS have seen some 27,079 contracts trade over the last 45 minutes.  Its prior open interest was a mere 6,220 contracts.  As a reminder, 27,000 contracts equals 2.7 million on a fully leveraged basis.  This [...]

International Game Technology (NYSE: IGT) has already seen more than its average daily volume trade in the first hour of trading today.  This stock is down a sharp 8.3% at $25.03 at 10:52 AM EST on more than 5.2 million shares. The culprit is a Morgan Stanley downgrade where the cut was from Overweight to [...]

Evergreen Solar Inc. (NASDAQ: ESLR) has made its way on to the pre-market or after-hours most actives several times now.  The company has priced its secondary, so today’s increased trading activity is easy to assume.  At 9:05 AM EST the stock has already seen 1.44 million shares trade, making it the most active of pre-market [...]

LM Ericsson (NASDAQ: ERIC) is seeing a downward price move on a rather large volume surge this morning. The Sweden-based handset maker said that net sales and income before taxes in the second quarter of 2008 are still being negatively affected by moderating demand of mid-to-high end mobile phones, in combination with a delay of [...]