Unusual Friday Options in Chevron (CVX)
Chevron Corp. (NYSE: CVX) held up incredibly well today considering the huge drop in oil prices. The most unusual issue about it was not the stock… CALL OPTION ACTIVITY was off the charts..This looks more like large dividend capture trading than anything sinister or brewing… AUGUST $60.00 calls traded 18,280 contracts vs. 1,996 contracts in [...]
China Grentech Hits Year Highs (GRRF)
China Grentech Corporation Limited (NASDAQ: GRRF) is soaring this morning after earnings last night. The company posted a rise in revenues of over 100% and made some $4.3 million for the quarter. The stock closed at $4.06 and is trading up 24% at $5.05 s of 9:06 AM EST. So far we have only seen [...]
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