Archive for August 19th, 2010

Unusual Options Trading Seen in Petrohawk (HK)

Petrohawk Energy Corporation (NYSE: HK) is almost challenging its 52-week lows today on light trading volume in the stock.  And shares are down 2.2% at $15.82.  So why is it that there is unusual options trading out in December today?  Take a look at the DECEMBER 2010 CALLS trading today: CALL$    Volume    OpInt $16.00    2,017   [...]

Symantec Makes Significant Gains PreMarket (SYMC)

Symantec Corporation As of 8:39AM EDT, Antivirus company Symantec Corporation (Nasdaq: SYMC) has gained 10.17% this morning to 13.87. the stock has traded 209 thousand shares, with an average volume of 14.4 million shares. The stock has a 52-week range of $12.04 to $19.16. Last week, RBC capital markets downgraded SYMC from outperform to sector [...]

NetApp’s Quarterly Revenue Disappoints

NetApp Inc. (NASDAQ: NTAP) is down 3.13% this morning from $39.32 to $38.09 in pre-market trading.  At 8:35 AM EST the company had already traded 69,720 shares, in contrast with their average of 7,730,450.  This move comes during a 52-week range of $21.29 to $44.89. NetApp’s pre-market woes are the result of disappointing quarterly revenue [...]