Volume Spike Investor

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.  [...]

Tyco International Ltd. (NYSE: TYC) is seeing a rather large amount of interest right before today’s open, although this may be a skewed interest.  The culprit is another $1 Billion being added to its stock buyback plan. The actual move may be somewhat misleading as it appears that a trader hit the buy button on [...]