Archive for October, 2010

Unusual Options Patterns For What Lies Ahead (AA, BRCD, HAL, VVUS, UNG, SIRI)

We have scanned the options trades for highly unusual options trading patterns from Friday to see which will be carryover issues into next week.  Some may seem logical, while some may seem odd.  Friday’s highly unusual options trading that will carry over into next week was seen in Alcoa, Inc. (NYSE: AA), Brocade Communications Systems, [...]

iGATE’s S&P Boost (IGTE)

iGATE Corp. (NASD: IGTE) is getting a boost in the after-hours session.  A press release from S&P notes that the company will replace Actel Corp. (NASD: ACTL) in the S&P SmallCap 600 Index The addition is fairly close by as well as the addition will be made after the close of trading on Monday, November [...]

Apple Options Remain Highly Elevated, With Bias As Well (AAPL)

Apple Inc. (NASDAQ: AAPL) remains the key stock and darling of America when it comes to this rally’s favorite darling stock.  Shares today are barely positive at $309.00.  That remains under the all-time highs from right before earnings but it is also more than $10 from the after-hours lows after earnings.  Options traders are still [...]

Zoran, From Bad to Worse (ZRAN)

Zoran Corporation (NASDAQ: ZRAN) is leading the after-hours session for volume alerts on downward volume.  The company reported a loss of -$0.08 EPS on revenues of $99.3 million.  The company’s Thomson Reuters estimates were -$0.05 EPS on $99.8 million in revenue. Zoran sees its fourth quarter adjusted loss at -$0.39 to -$0.43 EPS and revenues [...]

Wilmington Volume Spike Surge (WL)

Wilmington Trust Corporation (NYSE: WL) is surging today on talk of it having discussions with banks in Canada.  Shares were halted briefly on a spike higher, and after reopening the stock is up 13% at $9.15 on more than 4 million shares at 2:38 PM EST. Average volume is 1.4 million shares and the 52-week [...]

Applied Signal M&A Hope Drives Shares (APSG)

Applied Signal Technology, Inc. (NASDAQ: APSG) is seeing a price jump and a volume surge after Reuters reported that the company is out shopping itself to defense contractors.  The provider of intelligence, surveillance, and reconnaissance solutions has long been a winner in the world of intelligence.  While shares have more than doubled since the lows [...]

Apple Options Passing Open Interest (AAPL)

Apple shares are trying to hold on to being profitable on the day and any close above $314.74 will mark a positive close.  The problem is that shares hit $319.00 this morning and the average volume of 19.7 million shares has just been surpassed by 1:00 PM EST.  At 1:11 PM EST we have 20.4 [...]

Zagg Adjusts Guidance for 2010

Zagg Incorporated (NASDAQ: ZAGG) is up 29.88% at 8:35 AM EST this morning, from $5.12 to $6.65, after announcing an expected full year 2010 revenue growth of 70%.  The company, which designs and creates mobile phone accessories, also expects third quarter 2010 revenues to surpass $22 million. Zagg has traded 32,640 shares in pre-market trading [...]

After Hitting 52-Week Low, Tongxin Plummets Pre-market

Chinese auto parts company Tongxin Internation Limited (NASDAQ: TXIC) hit a new 52-week high yesterday of $3.48 cents. This morning, it appears that this price won’t remain the 52-week low for long. At 8:26AM EDT, TXIC was trading at $3.12, down 58 cents (15.68%) from its close yesterday. At that time, the stock had traded 4,260 [...]

ActivIdentity Skyrockets On News Of Purchase

At 8:35 AM EST, ActivIdentity Corporation (NASDAQ: ACTI) is up 42.48% from $2.26 to $3.22.  The digital authentication and credential management company has also traded 786,400 shares alread, compared to their average of 145,205.  This increase in activity is the result with this morning’s announcement that the company will be bought out by the Swedish [...]