- Stock Rally May Drive Strong Consumer Spending: Economist
- 5 Ways to Play the Chinese Markets: Analyst
- 3 Stock Plays on Rising College Costs
- My Ratings on Lowe's & Home Depot: Analyst
- Five Stock Picks and a Short-Term S&P Call
- My Market and Fed Outlook Now: BlackRock's Doll
- Dollar is Not Plunging—So 'Calm Down': Market Strategist
- Strategists Say Markets Have More Upside — But How Much?
- 10 Stock Picks for This 'Gradual Recovery'
- Recovery's Real Shape? Not a W: Stock Picker
MOST SHARED
- Stocks Overvalued, Recession Will Return: Meredith Whitney
- U.S. May Wind Up Green With Envy
- Has Twitter's Finest Hours (Seconds) Come and Gone?
- BofA Ex-Counsel: I Was 'Stunned' When I Got Fired
- Solar Emerges From A Dark Period
- Bernanke Offers Something For Everyone
- CNBC Video: Warren Buffett & Bill Gates - Keeping American Great
- Millions May Have to Repay Part of Obama Tax Credit
- Stanford Receiver to Release Funds Of Frozen Acounts
- Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
- Answers to Your Questions: A Path to Economic Disaster?
- 5 Ways to Play the Chinese Markets: Analyst
- Meredith Whitney: Turns Bearish
- 3 Stock Plays on Rising College Costs
- Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
- Nov. 16: Unusual Volume Leaders
- Getting to the Heart of the Merck-Abbott Embargo Break
- What MGM's Sale Could Say About Value of Content
- My Ratings on Lowe's & Home Depot: Analyst
- Buffett's Berkshire Hathaway Boosts Stake in Wal-Mart
- Time Warner to Spin Off AOL on December 9
- Gates Boosts Waste Management, Coca Cola Stakes
- What's Kept Stock Rally Going? Fear, Not Confidence
- Fed to Keep Rates Low Despite Dollar's Fall: Bernanke
- Citi Shares, A Strange Indicator Of Unemployment?
- Millions Could Have to Repay Part of Obama's Tax Credit
- Hollywood Turns to Porn as Unemployment Rises
- Slideshow: US Cities With Most Underwater Mortgages
RSS FEED
CNBC Stock Blog
Text Size 
Starwood Hotels and Resorts is seeing some unusual options activity Tuesday, as the chain once again finds itself the subject of takeover rumors.
Today's options action in HOT centers on the February 20 strike, where more than 5,000 calls have traded at twice the open interest, going for $0.50 and $0.55, according to OptionMonster's proprietary tracking systems.
The stock [HOT
Loading...
()
] went as high as $16.75 as those rumors circulated this morning; but as of this writing, dropped as much as 3.7 percent on the day to $15.74.
Starwood has been the subject of rumors for years, so any buyout speculation must be viewed with suitable skepticism. Earlier this month, for example, HOT shares popped on talk of a possible investment by Sam Zell's Equity Group Investments.
_________________________________
Rival Casino-Resort Chains:
MGM Mirage [MGM
Loading...
()
]
Wynn Resorts [WYNN
Loading...
()
]
Las Vegas Sands [LVS
Loading...
()
]
Ameristar Casinos [ASCA
Loading...
()
]
_________________________________
Pete Najarian is a professional investor, CNBC contributor, regular co-host of CNBC's "Fast Money" and co-founder of OptionMonster.com.
_________________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes