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VistaViewer

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Re: None

Friday, 10/22/2010 7:42:59 PM

Friday, October 22, 2010 7:42:59 PM

Post# of 9591
from Xpound - "A Deeper Look at Today's Markets" for Oct22:

"Bullish Flow

Nvidia (NVDA) shares are seeing relative strength and active call activity Friday. Shares moved higher in active trading and are up 61 cents to $11.70 after renewed takeover speculation surfaced in the name. It's unsubstantiated, but seems to be the catalyst for the gains in the shares and the increasing call activity. About 19,000 contracts traded in the name so far, which is more than double normal volume and about 10X the day's put volume in NVDA. Players are active in the November and December 11, 12 and 13 call options, as short-term speculators seem to be dominating the action in NVDA early Friday."


excerpt from OptionsXpress newsletter

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