- 5 Stocks That Benefit from Health Care Legislation: Analysts
- 9 Stocks That Play Rising Water Costs: Strategists
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Rally Could 'Have Some Legs in 2010': Market Strategist
- Expect a 'Square Root-Shaped' Recovery: Chief Investor
- HP to Feed on Enterprise Spending Next Year: Tech Analyst
- How Stock Investors Can Play Holiday Travel
- 3 Growth Opportunities in Tech: Analyst
- Prep Your Portfolio for Next Week: Stock Pickers
- Global Growth Good for Portfolio: Stock Picker
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Why Amazon Rules Retail
- Wave of Debt Payments Facing US Government
- China Eastern to Complete Shanghai Air Buy by End '09
- Paul: Audit the Fed
- The Social Media Gaming Threat
- Gold Will Collapse Like Oil Did in 2008: Charts
- Prepare For Large Decline In Stocks, Next Year?
- JAL Slides to Record Low on Bankruptcy Jitters
- Lyondell Urged to Consider Reliance Takeover Offer
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- HP's Mark Hurd
- HP Comes in As Expected; Is It Time to Buy?
- 9 Stocks That Play Rising Water Costs: Strategists
- Weis' Deal Likely Won't Change Big Money Contracts
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Nov. 23: Unusual Volume Leaders
- Help Wanted—Please Run $4 Billion University
- Apple Comes to AT&T's Rescue
- How Many US Consumers Will Shop this Weekend?
- Tuesday's Heavy Dose of Data to Dictate 'Risk' Behavior
- World's Largest Share Issue Priced at Deep Discount
- Obama says Boosting US Jobs is Top Priority
- Why the Dollar Will Likely Stay Weak for Some Time
- Playboy to Outsource Most Magazine Operations: Report
- General Motors to Cut up to 9,500 Jobs in Europe
- EU Drops Proceedings Against Qualcomm
- Appeals Court Denies Microsoft's Alcatel Petition
RSS FEED
CNBC Stock Blog
Text Size 
Online ad company ValueClick is burning bright with call activity Tuesday, as a new report shows that Internet advertising grew 10.6 percent to $23.4 billion last year.
Shares of VCLK [VCLK
Loading...
()
] jumped at the open and are still up 6.5 percent on the day to $8.36, as of this writing. Calls were trading heavily at April and May strikes, though the April 10 activity drew the most attention.
The average trading volume of VCLK is less than 600 contracts, but more than 4,000 change hands in the first hour of the day in the April 10 calls alone. The buying began at $0.15 and now the market for the VCLK April 10 calls is $0.25-$0.30, while the VCLK May 10 calls trade $0.55-$0.60 with volume at more than 3,400 contracts.
ValueClick, which provides online advertising for agencies and customers, rests in the sweet spot of growth. The stock has been performing well in the last few weeks but may have hit a level of resistance just under $9.
_____________________________
Web Ads: Players in the Arena
Google [GOOG
Loading...
()
]
Digital River [DRIV
Loading...
()
]
Yahoo [YHOO
Loading...
()
]
IAC/InterActiveCorp [IACI
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