Volume Spike Investor

Auxilium Pharmaceuticals Inc. (NASDAQ: AUXL) is not your traditional options alert, but the trading is ahead of a conference presentation.  This has traded an odd spread that first traded for 2,500 contracts in a multi exchange sweep, and the trade has been emulated with more than 4,000 contracts trading.  Traders are buying the March $32.50 [...]

Immunomedics, Inc. (NASDAQ: IMMU) has spiked higher on a US patent #7,641,901 in a released titled “Potential Lupus Drug Gains U.S. Patent”…. After HGSI the lupus word is all thatw as needed.  The company already has 141 US patents and 302 worldwide patents…. Shares are off of highs already… Its $3.93 price is a gain [...]

Tyco International Ltd. (NYSE: TYC) has traded 14,000 calls, 14X average volume with 95% offer side buying as a block of 8,500 and 1,850 in the April $39 calls were bought with shares at $36.  Shares have consolidated tightly and look ready to pop higher especially if the $37.50 200 week EMA is taken out.  [...]

CIENA Corp. (NASDAQ: CIEN) has seen what is nothing short of an odd move today in both the stock and in in call options activity.  There are some hints out there that Nokia-Siemens, the venture of Nokia Corp. (NYSE: NOK) and Siemens AG (NYSE: SI), may go after CIENA after their failed attempt to acquire [...]

Delta Air Lines Inc. (NYSE: DAL) is seeing action in options trading this morning as the calls were hot off the open with more than 10,000 February $12 calls trading with shares at $11.80 and rising, 2X daily volume in 10 minutes of trading with offer side buying in large blocks.  Shares of airline stocks [...]

2010 is here and we wanted to take a look at the largest catalyst for options volume and how it may translate into active stock trading for the January 2010 options expiration date.  In this matter we looked solely at the closest in-the-money and out-of-the-money call options that expire on January 15, 2010 because these [...]

Kongzhong Corp. (NASDAQ: KONG) is having a strong trading day in the stock, but its implied volatility via options is rising 21% to 58% on the day with shares 13% higher on a positive mention at Navellier.  There looks to be more to the move.  Two block buyers at the offer on wide spreads of [...]

Small Cap Bear 3X (NYSE: TZA) trading 27,000 January $9 calls, mostly buyers looking for market pullback as the volume is well above the open interest of 4,171.  45% of the trades have traded at the offer, 17% at the bid, and the remainder at the mark, with the larger blocks on the offer.  Small [...]

Micron Technology Inc. (NYSE: MU) is a chaser stock today with teh stock at fresh 52-week highs.  There is options activity in the stock, some of which may be roll-out activity as this is the first day without the DEC-2009 options any longer, and some is chasing the gains elsewhere in tech and chips after [...]

Biogen Idec Inc. (NASDAQ: BIIB) is seeing a rolling of options into January with some elevated call options activity.  This looks more like options-related trading than actual bets being made in the price of the stock.   One of the Najarian brothers noted on CNBC that there has been takeover rumors in the name, but we [...]