Posts Tagged ‘MCHP’

Option Spike Alert in Microchip Tech (MCHP)

Someone is betting on more M&A activity in the options market.  Microchip Technology Inc. (NASDAQ: MCHP) has traded 9,377 contracts of the NOV10 $34 CALLS today.  The whole open interest was only 9,170 contracts.  While far smaller, even the $35 CALLS saw 560 contracts trade versus an open interest of only 612 contracts. If you [...]

Top Day Trader Alerts (ICGN, SQNM, MPEL, ATHN, BSX, MCHP, GE)

ICAgen Inc. (NASDAQ: ICGN) is soaring.  Shares closed at $0.54 on Monday and at 8:45 AM EST we have shares up 70% at $0.92 on about 85,000 shares.  Be advised that this micro-cap biotech was at $1.00 earlier this morning and that the 52-week trading range was $0.31 to $1.59.  The company reported positive results [...]