Volume Spike Investor

Devon Energy Corp. (NYSE: DVN) shares are rising on an intraday volume spike at about 10:40 a.m. Eastern, as market chatter circulates that the company could be considered an acquisition target of larger oil players such as Exxon Mobil (NYSE: XOM). Devon shares have had strong price momentum in recent trading days. The company has [...]

Chesapeake Energy (NYSE: CHK) is seeing some active volume in the stock options trading late in the day on market chatter that that BP plc (NYSE: BP) wants to acquire the company.  Here are the trades we saw in call option for FEB-2009 expiration with options contract volume and the prior day’s open interest: STRIKE    [...]

Chesapeake Energy Corp. (NYSE: CHK) is seeing a surge in its stock of 8% today and we have already seen two-thirds of an average day’s trading volume in about 40 minutes of trading.  But one thing is even more interesting here, and that is the CALL OPTION buying we are witnessing right out of the [...]