TASER’s Stunning Volume (TASR)

TASER International, Inc. (NASDAQ: TASR) is soaring this morning after receiving and shipping three significant orders in December 2009.  This now puts revenues above expectations at approximately $32 million for the quarter versus $28.7 million consensus.  The 2009 figure does include approximately $3.5 million of revenue deferred in Q3 2009 relating to the TASER X3 trade in program.

• The first order for 2,250 ADVANCED TASER(R) M26 Electronic Control Devices and related accessories for the Brazilian Ministry of Justice.
• The second order was for the Philadelphia Police, PA, for 1,000 TASER(R) X26(TM) ECDs and related accessories.
• The third order was for the Chicago Police Department, IL, for 386 TASER X26 ECDs and related accessories.

Shares are up 11.2% at $5.23 on 557,000 shares as of 9:38 AM EST.  That makes this already above the full daily volume in 8 minutes as teh average volume is 453,000 shares, and the 52-week trading range is $3.11 to $5.88.

JON C. OGG
January 6, 2010

Beazer Offering Trumps Orders (BZH)

Beazer Homes USA Inc. (NYSE: BZH) is down this morning after an after-hours sell-off.  The company said that quarterly orders jumped 37%, but the company is also raising cash.  Beazer is selling 18 million shares and $50 million in convertible notes.  This was down 7.75% at $5.00 versus a $5.42 close on Tuesday in the after-hours on over 100,000 shares last night.  At 8:49 AM EST we have shares trading down 9.5% at $4.90 on only about 8,000 shares.

JON C. OGG

CIENA Stock & Options On Move (CIEN, NOK, SI)

CIENA Corp. (NASDAQ: CIEN) has seen what is nothing short of an odd move today in both the stock and in in call options activity.  There are some hints out there that Nokia-Siemens, the venture of Nokia Corp. (NYSE: NOK) and Siemens AG (NYSE: SI), may go after CIENA after their failed attempt to acquire the Metro Ethernet Networks unit.  The Nokia-Siemens venture went after this unit, but CIENA won the deal despite some after-cut-off attempts.  CIENA shares are up 5% at $11.57 on 14.4 million shares as of 2:18 PM EST.  The 52-week trading range is $4.98 to $16.64 and the average volume is about 7.3 million shares per day.

Options trading is also VERY active considering the dead-money nature of this stock.  The JAN-2010 $12.50 CALLS have traded 15,615 contracts versus a prior open interest of 9,359 contracts.  The FEB-2010 $12.00    CALLS have also seen 13,110 contracts trade versus a prior open interest of 1,408 contracts.

While the markets stayed strong, CIEN remained fairly weak.  Yesterday’s $11.02 close was the first closing price above $11.00 since the day before Christmas.  If today’s gain hold, this would mark the highest CIENA share prices since December 11, 2009.

JON C. OGG

Delta Options Spiking (DAL, CAL, UAUA)

Delta Air Lines Inc. (NYSE: DAL) is seeing action in options trading this morning as the calls were hot off the open with more than 10,000 February $12 calls trading with shares at $11.80 and rising, 2X daily volume in 10 minutes of trading with offer side buying in large blocks.  Shares of airline stocks are higher despite oil prices recent rise after positive share moves in Continental Airlines, Inc. (NYSE: CAL) and UAL Corporation (NASDAQ: UAUA) up 8%.  Delta shares are up 7.75% at $12.09 in early morning trading.

Joe Kunkle, OptionsHawk.com

Irish Banks Continue Surge (AIB, IRE)

If you watched bank stocks on Monday, then you probably saw how the Irish banks may be in for a massive 2010 as Allied Irish Bank (NYSE: AIB) and Bank of Ireland (NYSE: IRE) were both up huge.  Despite these two being hit with negative ratings in new coverage at Barclays this morning, both banks are trading higher after double-digit gains.  At 8:52 AM EST we have AIB up 3.8% at $4.28 on 80,000 pre-market shares and Bank of Ireland (IRE) is up 3.3% at $9.15 on 45,000 pre-market shares.

More bankground is here on yesterday’s move and how it was affecting the other troubled banks in the EU countries which are under the cloud of ratings agencies.

Jon C. Ogg
January 5, 2010

2010 Actives Outlook: Options vs. Stock (AAPL, BAC, RIMM, XOM, PFE, CSCO, INTC, GLD, SLV)

2010 is here and we wanted to take a look at the largest catalyst for options volume and how it may translate into active stock trading for the January 2010 options expiration date.  In this matter we looked solely at the closest in-the-money and out-of-the-money call options that expire on January 15, 2010 because these will expire before almost all of these companies will have reported their calendar or fiscal Q4 earnings report.  We have looked at Apple Inc. (NASDAQ: AAPL), Bank of America Corp. (NYSE: BAC), Research in Motion Ltd. (NASDAQ: RIMM), Exxon Mobil Corp. (NYSE: XOM), Pfizer Inc. (NYSE: PFE), Cisco Systems, Inc. (NASDAQ: CSCO), and Intel Corporation (NASDAQ: INTC).  We even wanted to look at this in the metals of gold and silver ETFs via the SPDR Gold Shares (NYSE: GLD) and the iShares Silver Trust (NYSE: SLV).

We have then converted what each options contract series means in control of share exposure on a fully leveraged basis versus the average daily volume.  The CBOE VOLATILITY INDEX closed out 2010 under 20.0, meaning it is at least in theory very cheap for speculators to use stock options for exposure.

Apple Inc. (NASDAQ: AAPL) $210.73; Avg. Daily volume 18.3 million shares.  Apple does not look like much, but if you will go back to last Monday the readings of speculative options trading was literally off the charts with the equivalent of more than 14 million shares in options trading on a fully leveraged basis.
CALL$    OpInt    Share Equivalent
$210.00    59,605    5.96 million
$220.00    60,598    6.05 million
$230.00    36,605    3.66 million

Bank of America Corp. (NYSE: BAC) $15.06; Avg. Daily volume 201 million shares
CALL$    OpInt    Share Equivalent
$16.00    297,920    29.7 million
$17.50    297,065   29.7 million

Research in Motion Ltd. (NASDAQ: RIMM) $67.54; Avg. Daily volume 17.7 million shares
CALL$    OpInt    Share Equivalent
$70.00    61,526    6.15 million
$75.00    41,724    4.17 million
$80.00    103,290    10.3 million

Exxon Mobil Corp. (NYSE: XOM) $68.19; Avg. Daily volume 23.5 million shares
CALL$    OpInt    Share Equivalent
$70.00    81,379    8.13 million
$75.00    104,424    10.4 million
$80.00    70,442    7.04 million

Pfizer Inc. (NYSE: PFE) $18.19; Avg. Daily volume 52.8 million
CALL$    OpInt    Share Equivalent
$17.50    211,372    21.1 million
$19.00    102,084    10.2 million
$20.00    217,542    21.7 million

Cisco Systems, Inc. (NASDAQ: CSCO) $23.94; Avg. Daily volume 40 million shares
CALL$    OpInt    Share Equivalent
$22.50    44,248    4.42 million
$24.00    65,232    6.52 million
$25.00    132,091    13.20 million

Intel Corporation (NASDAQ: INTC) $20.40; Avg. Daily volume 61.3 million shares
CALL$    OpInt    Share Equivalent
$20.00    252,618    25.2 million
$21.00    97,351    9.73 million
$22.50    72,696    7.26 million

We also see this in both key metal ETF’s which track gold and silver prices, although these of course are metal price exposure plays rather than anything related to stocks:

SPDR Gold Shares (NYSE: GLD) $107.31; Avg. Daily volume 20.7 million shares and the equivalent of more than 46 million shares in options on a fully leveraged basis:
CALL$    OpInt    Share Equivalent
$100.00    66,713    6.67 million
$105.00    44,346    4.44 million
$110.00    74,437    7.44 million
$112.00    38,853    3.88 million
$113.00    22,898    2.28 million
$115.00    77,528    7.75 million
$116.00    27,953    2.79 million
$117.00    27,933    2.79 million
$120.00    88,176    8.81 million

iShares Silver Trust (NYSE: SLV) at $16.54; Avg. Daily volume 12.1 million shares; this comes to over 40 million shares on a fully leveraged basis:
CALL$    OpInt    Share Equivalent
$14.00    74,986    7.49 million
$15.00    15,300    1.53 million
$16.00    38,815    3.88 million
$17.00    74,446    7.44 million
$18.00    49,232     4.92 million
$19.00    128,848   12.8 million
$20.00    37,576    3.75 million

I would like to personally invite you to join in with the thousands of readers on our free daily email distribution list from 24/7 Wall St. to hear about ongoing day trader and options trader alerts, analyst upgrades and downgrades, stock and market rumors, Buffett and guru investor news, M&A and IPOs, and more.

JON C. OGG
January 2, 2010

Google News

Sorry, readability was unable to parse this page for content.

2010 Actives Outlook: Options vs. Stock (AAPL, BAC, RIMM, XOM, PFE, CSCO, INTC, GLD, SLV)

2010 is here and we wanted to take a look at the largest catalyst for options volume and how it may translate into active stock trading for the January 2010 options expiration date.  In this matter we looked solely at the closest in-the-money and out-of-the-money call options that expire on January 15, 2010 because these will expire before almost all of these companies will have reported their calendar or fiscal Q4 earnings report.  We have looked at Apple Inc. (NASDAQ: AAPL), Bank of America Corp. (NYSE: BAC), Research in Motion Ltd. (NASDAQ: RIMM), Exxon Mobil Corp. (NYSE: XOM), Pfizer Inc. (NYSE: PFE), Cisco Systems, Inc. (NASDAQ: CSCO), and Intel Corporation (NASDAQ: INTC).  We even wanted to look at this in the metals of gold and silver ETFs via the SPDR Gold Shares (NYSE: GLD) and the iShares Silver Trust (NYSE: SLV).

We have then converted what each options contract series means in control of share exposure on a fully leveraged basis versus the average daily volume.  The CBOE VOLATILITY INDEX closed out 2010 under 20.0, meaning it is at least in theory very cheap for speculators to use stock options for exposure.

Apple Inc. (NASDAQ: AAPL) $210.73; Avg. Daily volume 18.3 million shares.  Apple does not look like much, but if you will go back to last Monday the readings of speculative options trading was literally off the charts with the equivalent of more than 14 million shares in options trading on a fully leveraged basis.
CALL$    OpInt    Share Equivalent
$210.00    59,605    5.96 million
$220.00    60,598    6.05 million
$230.00    36,605    3.66 million

Bank of America Corp. (NYSE: BAC) $15.06; Avg. Daily volume 201 million shares
CALL$    OpInt    Share Equivalent
$16.00    297,920    29.7 million
$17.50    297,065   29.7 million

Research in Motion Ltd. (NASDAQ: RIMM) $67.54; Avg. Daily volume 17.7 million shares
CALL$    OpInt    Share Equivalent
$70.00    61,526    6.15 million
$75.00    41,724    4.17 million
$80.00    103,290    10.3 million

Exxon Mobil Corp. (NYSE: XOM) $68.19; Avg. Daily volume 23.5 million shares
CALL$    OpInt    Share Equivalent
$70.00    81,379    8.13 million
$75.00    104,424    10.4 million
$80.00    70,442    7.04 million

Pfizer Inc. (NYSE: PFE) $18.19; Avg. Daily volume 52.8 million
CALL$    OpInt    Share Equivalent
$17.50    211,372    21.1 million
$19.00    102,084    10.2 million
$20.00    217,542    21.7 million

Cisco Systems, Inc. (NASDAQ: CSCO) $23.94; Avg. Daily volume 40 million shares
CALL$    OpInt    Share Equivalent
$22.50    44,248    4.42 million
$24.00    65,232    6.52 million
$25.00    132,091    13.20 million

Intel Corporation (NASDAQ: INTC) $20.40; Avg. Daily volume 61.3 million shares
CALL$    OpInt    Share Equivalent
$20.00    252,618    25.2 million
$21.00    97,351    9.73 million
$22.50    72,696    7.26 million

We also see this in both key metal ETF’s which track gold and silver prices, although these of course are metal price exposure plays rather than anything related to stocks:

SPDR Gold Shares (NYSE: GLD) $107.31; Avg. Daily volume 20.7 million shares and the equivalent of more than 46 million shares in options on a fully leveraged basis:
CALL$    OpInt    Share Equivalent
$100.00    66,713    6.67 million
$105.00    44,346    4.44 million
$110.00    74,437    7.44 million
$112.00    38,853    3.88 million
$113.00    22,898    2.28 million
$115.00    77,528    7.75 million
$116.00    27,953    2.79 million
$117.00    27,933    2.79 million
$120.00    88,176    8.81 million

iShares Silver Trust (NYSE: SLV) at $16.54; Avg. Daily volume 12.1 million shares; this comes to over 40 million shares on a fully leveraged basis:
CALL$    OpInt    Share Equivalent
$14.00    74,986    7.49 million
$15.00    15,300    1.53 million
$16.00    38,815    3.88 million
$17.00    74,446    7.44 million
$18.00    49,232     4.92 million
$19.00    128,848   12.8 million
$20.00    37,576    3.75 million

I would like to personally invite you to join in with the thousands of readers on our free daily email distribution list from 24/7 Wall St. to hear about ongoing day trader and options trader alerts, analyst upgrades and downgrades, stock and market rumors, Buffett and guru investor news, M&A and IPOs, and more.

JON C. OGG
January 2, 2010

US HOT STOCKS: Stryker Up Slightly In Late Trading - Wall Street Journal

US HOT STOCKS: Stryker Up Slightly In Late Trading
Wall Street Journal
Shares rose 32 cents in after-hours trading. Small-cap company Flotek Industries, a supplier of drilling and production-related products and services to the ...

and more »

AIG Sets Method of Stock Payment for Top Execs - ABC News

AIG Sets Method of Stock Payment for Top Execs
ABC News
AIG shares lost 3 cents to $29.95 in after-hours trading Thursday after closing at $29.98, down 62 cents, or 2 percent, from a day earlier.

and more »

AIG boss quits over pay - New Zealand Herald

AIG boss quits over pay
New Zealand Herald
AIG shares fell a cent to US$30.59 in after-hours trading after closing at US$30.60, down US$1.06, or 3.4 per cent, from a day earlier. - AP.

and more »

BEFORE THE BELL: US Stock Futures Mixed On Expected Light Volume - Wall Street Journal

BEFORE THE BELL: US Stock Futures Mixed On Expected Light Volume
Wall Street Journal
They more than doubled to $6.27 in after-hours trading, while Trinity's shares slid 0.3% to $17.66. City National Corp. (CYN) said it bought back $200 ...

and more »

Biodel Submits Viaject New Diabetes Drug For FDA Approval - Visit Bulgaria

Visit Bulgaria
Biodel Submits Viaject New Diabetes Drug For FDA Approval
Visit Bulgaria
... losses earlier this month narrowing down to $10.5-million. Biodel's shares gaining 1.7% to $4.20, in after-hours trading, had fallen 14% during the year.

and more »

AIG says general counsel Kelly resigns over pay - BusinessWeek

AIG says general counsel Kelly resigns over pay
BusinessWeek
AIG shares fell a penny to $30.59 in after-hours trading Wednesday after closing at $30.60, down $1.06, or 3.4 percent, from a day earlier.

and more »

Asian Stocks Rise on China Growth Optimism, Commodity Prices - Bloomberg

Asian Stocks Rise on China Growth Optimism, Commodity Prices
Bloomberg
Copper futures in New York gained 0.8 percent in after- hours trading, headed for the highest settlement price since August 2008. ...

and more »

AIG says general counsel Kelly resigns over pay - BusinessWeek

AIG says general counsel Kelly resigns over pay
BusinessWeek
AIG shares fell a penny to $30.59 in after-hours trading Wednesday after closing at $30.60, down $1.06, or 3.4 percent, from a day earlier.

and more »

Australian Stocks Rise on Commodity Prices; Qantas Advances - Bloomberg

Australian Stocks Rise on Commodity Prices; Qantas Advances
Bloomberg
Copper futures in New York gained 0.8 percent in after-hours trading to the highest level since Aug. 28, 2008. Prices also rose on speculation a mine strike ...

and more »

AIG says general counsel Kelly resigns over pay - BusinessWeek

AIG says general counsel Kelly resigns over pay
BusinessWeek
AIG shares fell a penny to $30.59 in after-hours trading Wednesday after closing at $30.60, down $1.06, or 3.4 percent, from a day earlier.

and more »

Australian Stocks Rise as Oil, Copper Prices Advance; Qantas Airways Gains - Bloomberg

Australian Stocks Rise as Oil, Copper Prices Advance; Qantas Airways Gains
Bloomberg
Copper futures in New York gained 0.8 percent in after- hours trading to the highest level since Aug. 28, 2008. Prices also rose on speculation a mine ...

Crude rises as EIA data show drop in inventories - MarketWatch

Crude rises as EIA data show drop in inventories
MarketWatch
... an increase of 1.73 million barrels in US inventories, a surprise to the oil market that pushed down oil prices slightly in after-hours trading Tuesday. ...

and more »