Dex One Corporation (DEXO)

[buckyboy]

That is certainly encouraging from a long perspective. "You got to know when to hold em, know when to fold em, know when to walk away, and know when to run" (courtesy of Kenny Rogers (LOL)). Seems like big money believes the company will eventually succeed (huge payday from these levels if they do!!!).

Options traders are gobbling up the 2.50 Sept Calls (bullish) as well.

"Options traders are focusing on calls today. The strike seeing the heaviest volume is the September 2012 $2.50 call, which has traded 1,800 times on open interest of 7,049 contracts.

Calls are outpacing puts today by 3,000 to 1. "

http://www.benzinga.com/markets/options/12/03/2411508/notable-call-options-activity-in-dex-one