- Chipmaker Sees Options Upside After a Strong Sector Report
- Unemployment to Peak at 10.5%: Moody's Economist
- 8 Stocks to Gain on Obama's Afghan Plan: Analysts
- Stick with Equities—Avoid Emerging Markets: Laszlo Birinyi
- I'm 'Extremely Bullish' on the Credit Markets: 5-Star Manager
- GE-Vivendi Deal Good for GE Finance, Comcast: Market Pro
- How Long Will This Health Care Firm's Rally Last?
- Dubai a 'Wake Up Call'—Expect Volatility Now: Market Pro
- We're Approaching a Market Bubble: Portfolio Manager
- Hershey Shares: What Options Are Saying
MOST SHARED
- Case Closed but Woods Scrutiny Continues
- Kohlberg Kravis Bidding for Morgan Stanley's CICC Stake
- UK Economy Turned, Inflation to Spike: BoE Economist
- Cisco Has 84% of Tandberg, Won't Extend Bid
- Australia Regulator Opposes Caltex-Exxon Deal
- Australia Parliament Rejects Carbon Trade Laws
- Toyota Takes Lead Position in Canada in November
- Whitacre Will Change GM, But Will He Bring Better Results?
- Chipmaker Sees Options Upside After a Strong Sector Report
- Treasury Assistance Comes at High Price For GM
- Unemployment to Peak at 10.5%: Moody's Economist
- 8 Stocks to Gain on Obama's Afghan Plan: Analysts
- BofA On Proposed Changes In The Housing Bailout Program
- The Future of The Media Landscape
- November Auto Sales Muddle Along
- Busch: What Obama Won't Say Tonight
- Mortgage Applications Up as Rates Continue to Decrease
- Wal-Mart Targets Video Games with Latest Price Cuts
- 'Black Swan' Shuns Public Life Because of Bernanke
- Dubai World To Meet with Creditors Next Week
- FHA to Toughen Mortgage Rules in Lenders Crackdown
- Obama to Send More Troops; Seeks Afghanistan Exit
- Blog: Will Whitacre Bring Better Results to GM?
- Geeks Replacing Swashbucklers on Wall Street
- Google Offers Publishers Limit on Free News Access
RSS FEED
CNBC Stock Blog
Text Size 
LED technology company Cree is up 6 percent Wednesday, with huge options activity.
The average call activity in Cree for the month of March was 2,200 contracts a day, but today some 23,200 calls changed hands in the first hour of trading alone. Most of the activity was at the April 25 strike (CARDE), where more than 10,000 calls were traded, according to OptionMonster's real-time tracking systems.
Cree shares [CREE
Loading...
()
], which are just under $25 at midday, are well above the $18 level where they were trading a month ago but have leveled off in the last couple of weeks.
Cree CEO Chuck Swoboda says demand for highly efficient LED lighting is poised to rise over the next year in spite of the recession.
______________________________
Diodes & Lighting: Main Players
RF Micro Devices [RFMD
Loading...
()
]
General Electric [GE
Loading...
()
]
(Koninklijke) Philips Electronics [PHG
Loading...
()
]
______________________________
OptionMonster Trader Education:
______________________________
______________________________
Jon 'DRJ' Najarian is a professional investor, CNBC contributor, and cofounder of OptionMonster.com.
______________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes