Volume Spike Investor

Sirius Satellite Radio (NASDAQ:SIRI) and XM Satellite Radio (NASDAQ: XMSR) are reversing their earlier losses and headed back up.  Reports from Reuters, DealReporter, and the WSJ are all claiming that the 2-2 deadlock is going to be broken with the final vote coming FOR the merger.  Until you have a press release from the FCC [...]

It has been a while since have seen XM Satellite Radio Inc. (NASDAQ: XMSR) as a leader in CBOE options trading volume.  But this morning we have seen an increased activity out to OCTOBER 2008.  In the OCT08 $9.00 CALLS we have seen 12,415 contracts trade hands as of 11:10 AM EST and the open [...]