The company saw bullish option positioning early last month, but then fell after a bad earnings report on Feb. 15. The shares traded down to their 100-day moving average around $12.50 later in the month but have been working higher since and are now back above their 50-day moving average.
Option traders are betting that Exco Resources is heading higher even though its fate remains unclear as management seeks to take the energy company private.
Western Refining first started heating up late last year, and the activity returned ahead of a big conference today.
Find out why trader Brian Kelly says, 'we have the recipe for a potentially parabolic move in these metals right now.'
Oppenheimer chief market technician Carter Worth breaks it down.
Traders bought more than 3,600 April 21 calls for $0.40 yesterday, compared with previous open interest of just 441 contracts. More than 6,000 options traded in the name overall, compared with a daily average around 2,100.
Archer Daniels Midland has been navigating well in difficult times, and traders are looking for the agriculture name to keep climbing.
The traders suggest putting Motorola Mobility on the radar after Cowen lowered its rating on the stock.
In the wake of Tuesday’s triple digit sell off, the Fast traders pause to look at the technicals.What should you be watching?
A long position in Avon looked like a hot trade but all it did was burn Tim Seymour. What does he think about the stock now?
Silver Standard Resources has a busy week and is percolating with upside option activity.
”We’re telling clients there’s an attractive buying opportunity not too far down the road,” says Strategas Research Partners head of technical analysis.
The miners landed center stage again after Equinox Minerals made an offer to buy Lundin Mining, a move that could trigger a bidding war with Inmet Mining.
Marathon Oil has been exploding higher this year, and the upside activity continued yesterday.
Level 3 Communications has been enhancing its services, and traders are looking for the tech stock to rise a few levels.
Intuit is expected to keep growing in the consumer segment, and the buyers are following up on last week's bullish activity ahead of its earnings report tomorrow (Thursday).
As Cisco Systems struggles, rival Juniper Networks is on the rise.
Many traders are awaiting results from Cisco Systems after the bell today (Wednesday), but it was rival Juniper Networks that turned heads yesterday in the option market.
Anadarko engages in the exploration and production of oil and natural gas, in the U.S., the Gulf of Mexico and Algeria. The stock, which rose 1.07 percent to $78.32 on Friday, took a massive hit after the Deepwater Horizon oil spill last spring...
Minefinders has been choppy to say the least recently, but Thursday our screens lit up with bullish option activity.
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