Trading Markets (press release)
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Paychex Inc. (NASDAQ: PAYX) is seeing bullish state mass an improving employment report, with the thesis being that the outsourcing firm will see an uptick in earnings with more jobs being offered in Q3 and Q4. Near constituent players are buying the August $27.50 and $30 calls, while the longer constituent bets are in the Dec $30 calls where 10,000 calls were just bought. A way line off recent tops in shares from all time highs of $42 in 2007 has shares nearing a breakout here, with $28.50 the next key breakout level, the 38.2% Fib take and neckline of an oppositeness head and shoulders.
-JOE KUNKLE, OptionsHawk.com
UPDATE: The stock has also just crossed the 4.1 meg average shares per day mark above 4.1 meg shares with a 5.8% gain to $27.74 as of 2:28 PM EST.
Citigroup, Inc. (NYSE: C) already decussate over the cipher daily intensity mark within the first hour of trading. At 10:30 AM EST we have seen 504 meg shares trade vs. the nearly 400 meg average. Shares are also up 5.5% at $4.01. But there is huge intensity happening in the options markets for Citi as well. That might seem off because it is only a $4.00 stock, but traders are using these as an even cheaper way to play Citi. In the August expiration month we have seen over 136,000 calls trade and 55,000 puts trade. For September, that is over 90,000 calls and nearly 40,000 puts. December is active with 57,000 calls traded and over 40,000 puts.
JON C. OGG
AUGUST 7, 2009
Crocs, Inc. (NASDAQ: CROX) soared after the close yesterday on better earnings and better guidance; but calling for a return to profits was thee winning lotto ticket. Shares went out over 25% higher last period at $5.35 on over 2 meg after-hours shares. The shares this morning are actually up about 29% every said at $5.53 and we have seen over 70,000 trade at 8:14 AM EST. This will be one of today’s exponential volume stocks and that 2.8 meg share average day should be hit faster than traders can say GO. As a reminder, $5.80 is the 52-week high after this traded substantially higher in 2007. -JON OGG
NVIDIA Corporation (NASDAQ: NVDA) is backwards to profitability digit quarter aweigh of plan on a non-GAAP basis. The $0.07 EPS report was much better than the -$0.02 estimates.   NVIDIA shares are the second most active in the after-hours trading session. As of 5:10 PM EST we had over 1.5 meg shares traded since the approaching bell and the stock is backwards up over 5% to $13.80 in the after-hours session. The 52-week range is $5.75 to $14.12. Be advised that average intensity is now 20 meg shares, but this may be a very active supply on Friday. -JON OGG
IncrediMail Ltd. (NASDAQ: MAIL) is rising after it showed total Q2 revenue rose 29% to $6.7 meg and net income was $2.4 million, or $0.26 EPS compared to $0.6 million, or $0.07 per diluted share in the same quarter terminal year. This has limited following but is a true faith stock. We have shares up nearly 13% at $7.62 as 8:50 AM EST on nearly 10,000 shares. That might not sound like such volume, but this trades only about 33,000 shares on average and it is only a $62 meg market cap have before accounting for today’s higher prices. This also marks a 52-week broad above the old $7.20 level. Based upon day traders and low-priced low market cap desites, this have should see an exponential uprise in intensity today. -JON OGG