Archive for August 11th, 2008

Technical Moves: Home Depot & Lowe's (HD, LOW)

The Home Depot Inc. (NYSE: HD) is seeing a major move today, although not so much on news.  This appears to be a technical indictor more than anything since the stock has broken above its key 200-day moving average.  Just late last week the stock broke above a 50-day moving average as well now that [...]

Microsoft Speculative Options Volume Picking Up (MSFT)

We have started to notice some of this last week, and today we are seeing continued speculative stock options interest in Micrisoft Corp. (NASDAQ: MSFT).  Microsoft is generally among the most actively traded stocks on NASDAQ, but because of its low valatility and longer term narrow trading band it is not usually in the most [...]

Crown Holdings Sees Options Spike (CCK)

A company called Crown Holdings Inc. (NYSE: CCK) is leading the options trading activity today.  This is rarely an options volume leader so we wanted to dig down into this. We have seen 6,779 option contracts trade in the OCT08 $30.00 CALLS and the prior day’s open interest was already 15,118.  It is always possible [...]

VOLUME SPIKE: SIRIUS-XM On News Anticipation (SIRI)

We are seeing a flurry of interest in shares of Sirius Satellite Radio Inc (NASDAQ: SIRI), or SIRIUS-XM, right before the open.  The company’s CEO Mel Karmazin is coming on CNBC today around 1:30 PM EST with none other than CNBC’s JIM CRAMER.  The bet is that he’s going to talk up his stock, discuss [...]