Radian Group (RDN)

[Theo]

ALL the insurers are on fire and have been since the housing market has been steadily improving...with the huge (25%+) short position here and Barclays upgrade yesterday and the recent capital raise, it's no wonder RDN is flying. I own the underlying and admittedly bought May Calls a week ago based on the Cramer "bump" possibility but I still think this goes to 12+ before Summer on its own merits (as long as housing doesn't blow up for some reason).