- This Bear-Market Rally Has 'Turned': Elliot Wave's Hochberg
- Expect 33% Earnings Increase in 2010: S&P’s Sam Stovall
- Art Cashin: Fed 'Doesn't Believe' the Recovery Yet
- Cisco's Clues for Tech Sector Stocks: Analyst
- BlackRock's Doll: Market Outlook and Stock Picks
- Health Care Firms See Bullishness Ahead of Earnings
- Gold Will Hit $1,500 By June 2010: Strategist
- Three Way to Play the Dollar Carry Trade
- Equities Are in a 'Definite Bullish Trend': Chief Investor
- 5-Star Manager's Top Stock Picks
MOST SHARED
- Buffett's Berkshire Hathaway May Lose Only Remaining AAA Credit Rating
- Retail Sales Fall Short as Industry Preps for Holidays
- Fourteen More Are Charged In Growing Insider-Trading Case
- Productivity Jumps Higher as Job Losses Show Drop
- Rock Band Weezer Uses Snuggie to Promote New Album
- 'DWI Chair' Up for Auction on eBay After La-Z-Boy Protests
- Gold Spells Trouble for Greenback: Charts
- Pace of Layoffs, Planned Job Cuts Both Show Decline
- Napier: The New Edge in Tech
- Spotlight on Economy, Fed
- This Bear-Market Rally Has 'Turned': Elliot Wave's Hochberg
- The Gift That Stops Giving
- Expect 33% Earnings Increase in 2010: S&P’s Sam Stovall
- Roginsky: It’s (Still) Change, Stupid
- Schork Oil Outlook: Is Consumer Appetite for Gasoline Waning?
- Congratulations America, We're All Landlords Now
- Art Cashin: Fed 'Doesn't Believe' the Recovery Yet
- 3 Tips For A Great Interview
- Time Warner Cable's Earnings Drop But Beat Expectations
- Fourteen More Charged in Growing Insider-Trading Case
- Berkshire Hathaway Facing Another Possible Ratings Cut
- NYSE, Citigroup Among NYC Firms Getting Flu Vaccine
- We’ve Found the Green Shoots—in an Old Bank?
- Productivity Jumps Higher as Job Losses Show Drop
- ECB Holds Rate, Trichet Speaks About Exit Strategy
- Retail Sales Fall Short as Industry Preps for Holidays
- 30-Year Mortgage Rates Drop Below 5 Percent
- Blog: New Fannie Mae Program Makes Us All Landlords
RSS FEED
CNBC Stock Blog
Text Size 
Alpha Natural Resources is scorching with options action while its stock pops Wednesday, on the latest bump in a roller-coaster ride that began several months ago.
The mineral-processing company's stock [ANR
Loading...
()
] is up some 8.5 percent to $18.72 this afternoon, apparently on rumors that a company in China is looking to expand its hold on steam and metallurgical coal.
ANR's chart — which has seen lows near $15 and highs over $22 in just the last two months — appears to show that shares could push to those high levels again on the move if it holds.
(Contd.)
___________________________
Options Education:
___________________________
Normal full-session call volume is 2,000 contracts, but ANR traded 7,900 options in the first 30 minutes of today's session alone, according to OptionMonster's real-time tracking systems. There was some large-block action in the nearest-month contracts, especially at the May 20 and May 22.50 calls.
The company is scheduled to report quarterly earnings before the market opens May 6.
Disclosures:
I have long positions in ANR.
More Options Tips from Jon Najarian
_____________________________
More Coal Miners:
Arch Coal [ACI
Loading...
()
]
Consol Energy [CNX
Loading...
()
]
Peabody Energy [BTU
Loading...
()
]
Massey Energy [MEE
Loading...
()
]
_____________________________
_____________________________
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