Hovnanian touched a fresh 52-week high of $5.09 today. Despite the run, one trader is buying a large block of calls.
Calls Purchased as Hovnanian Pops (HOV)
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Puts Sold as Pharmacyclics Drops (PCYC)
Traders seems to be embracing the stock?s slide and are selling downside puts.
Is Galena Biopharma Topped Out? (GALE)
One trader is taking the opportunity to sell upside on GALE today.
Is Noble Ready to Rally? (NE)
With shares now testing the 50-day moving average, one trader is betting that shares can find support here and is buying upside calls.
Upside Sold on Alexza Pharmaceuticals (ALXA)
With implied volatility rising sharply over the past three weeks, one trader is selling upside on ALXA.
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Calls Rolled as Lowe?s Pushes Higher (LOW)
One trader is rolling his or her long call position in LOW today.
Puts Sold on Coinstar (CSTR)
One trader is drawing a line in the sand today by selling downside puts.
Call Volume Spikes on Agilent (A)
With shares gaining momentum to the upside, calls are active today at 18x normal volume.
Upside Active on Guess? (GES)
With shares bouncing off of a fresh 52-week low, upside calls are active on GES today.
Calls Sold on Allergan (AGN)
One trader is selling upside on the name today, betting that realized volatility will now trend toward the 3-month average.