Price/Volume/Options Spike: Urban Outfitters (URBN)
Urban Outfitters Inc. (NASDAQ: URBN) is seeing a lot of trading activity, and some of it may be a result of the stock options. As of 2:54 PM EST we have seen 11.8 million shares trade hands and the stock is now up over 7% at $16.27. Shares had been down until the market rallied, [...]
Comcastic Options Spike: Speculation or Dividend Capture? (CMCSA, CMCSK)
Comcast Corp. (NASDAQ: CMCSA) (NASDAQ: CMCSK) has been seeing some rather unusual options activity. Based upon a snapshot we took of the Comcast options activity at 11:40 AM EST, you can tell that either a specific dividend trade is being made or that speculators are active in the stock’s long-term recovery. It could even be [...]
Volume Alert: Harris Corp. (HRS)
Harris Corp. (NYSE: HRS) has already traded 150% of its average daily volume in just an hour since the open. Average volume is 1.14 million shares and it has already printed 1.85 million shares.
The 5% rise to $65.30 is fairly easy to fathom since there are numerous reports that the company is entertaining suitors to [...]
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