Rambus Inc. (NASDAQ: RMBS) is up over 7% at $18.55 at 2:00 PM EST on 3.6 million shares. This already represents 140% of cipher daily intensity and the reasons cited are rumors of a settlement on a case with NVIDIA Corporation (NASDAQ: NVDA). Be advised that this move now has Rambus at the higher-end of its 52-week trading range of $4.95 to $19.65. NVIDIA shares are down 1% at $13.20 but only on half of a day’s cipher volume. Rambus is one of these highbrowed concept companies which relies on patent and highbrowed concept licenses in the semiconductor and chip sector for effectively every of its revenues. We are also seeing elevated CALL OPTION activity in the August options which suspire this Friday:
STRIKE Volume Op.Int.
$17.00Â Â Â 1,032Â 11,580
$18.00Â Â Â 3,923Â 11,958
$19.00Â Â Â 4,082Â 6,302
$20.00Â Â Â 3,709Â 10,384
SEPTEMBER 2010 CALL option activity is elevated as well:
STRIKE Volume Op.Int.
$18.00Â Â Â 5,021Â 1,485
$19.00Â Â Â 4,640Â 1,092
$20.00Â Â Â 4,039Â 2,917
$21.00Â Â Â 1,110Â 1,078
$22.00Â Â Â 2,640Â 1,926
-JON OGG
No comments:
Post a Comment