Naz News, Gappers and FLE's

[mcmike]

SEED big call writing

Origin Agritech Ltd SEED
There has been interesting unusual volume in this Chinese agricultural company today. The stock has realized 22 day volatility well above 200% by swinging wildly between $7 and $15.

Currently near $10, today’s options flow suggests the ride may smooth out as an aggressive seller hit the Jan 12.5 calls more than 5,000 times on the NYSE for $.25 in a trade tied to stock. These calls opened at $.60 today with the stock a bit higher. Open interest confirms this trade will create a new position.

This seller appears to be comfortable wearing the largest open interest position in this thinly traded name along with assuming the unlimited upside risk profile of a short-dated short call position
http://www.theoptionsinsider.com/tradingtechnology/?id=516

I don't see this activity on my charts

Jan 19 2008 Calls | 12 Days to Expiration   
   Strike    
  5.00   
  7.50   
  10.00   
  12.50   
  15.00   
    Symbol   Bid   Ask   Last   High   Low   Change   Vol   Op Int    
  +QSWAA  3.50  3.90  3.90  3.90  3.90  -0.80  3  532   
  +QSWAU  1.50  1.70  1.70  2.10  1.70  -0.80  110  1,237   
  +QSWAB  0.50  0.55  0.50  0.65  0.45  -0.40  160  1,393   
  +QSWAV  0.15  0.25  0.15  0.20  0.15  0.00  14  0   
  +QSWAC  0.05  0.15  0.10  0.10  0.10  0.00  30  0