Options Wonderland

[langlui]

lots to choose from 11-14

08:25 SUMRX Gapping up/down: DANG +10.9%, metals/mining and Solar names trading higher... KSS -9.4%, XONE -2.7%, WMT -1.1% on earnings, RVBD -4.1%, CSCO peers lower
Gapping up:
In reaction to strong earnings/guidance: BORN +28.2%, ANW +15.1% (ticking higher), YUME +13.3%, DANG +10.9%, PLUG +9.1%, (thinly traded), TCX +8.8%, JST +5.9%, (light volume), RCON +5.6%, CGIX +5.2%, (light volume), CAAS +4.6%, CRTO +3.4%, KGC +3.4%, NTAP +1%, MGAM +0.8%, (light volume),.

Select metals/mining stocks trading higher: IAG +2%, EGO +1.9%, HMY +1.3%, SLV +1.1%, GLD +0.8%, GOLD +0.4%

Solar names trading higher: JASO +3.3%, CSIQ +1.3%, FSLR +1.2%, SPWR +1.1%, SOL +1%, SUNE +0.4%

Other news: NURO +12.9% (continued strength), GALE +6.7% (continued strength), NVAX +6.5% (New England Journal of Medicine publishes positive data from clinical trial of Novavax' vaccine against H7N9 avian flu, ODP +3.2% (still checking), MEG +3.1% (Berkshire discloses 5.5% active stake in amended 13D filing ), GOGO +2.8% (continued momentum), TTM +2.5% (still checking), AMD +1.7% (still checking), AFL +1.1% (increases shares authorized for repurchase), TSLA +0.9% (rebounding from late reports related to industrial accident), PAMT +0.8% (announces $5.1 mln registered direct offering of common stock (~364.3k shares at $14 per share), NLY +0.7% (Annaly Capital Mgmt COO bought 25K shares at $10.36 on 11/11 worth ~$259K), SCTY +0.7% (prices Securization), CDW +0.6% (prices 15 mln shares of its common stock by selling share holders at $20.50 per share), BWA +0.5% (approved a two-for-one stock split effected in the form of a stock dividend on the company's common stock), SPW +0.5% (announces U.S. qualified pension plan actions; expected to reduce pension obligations by ~$800 mln, BA +0.4% ( issues statement on the rejected IAM Contract extension vote).

Analyst comments: ZGNX +10.3% (upgraded to Outperform from Perform at Oppenheimer), SCTY +3.9% ( upgraded to Outperform from Neutral at Robert W. Baird; tgt raised to $71 from $50 ), ODP +3.2% (upgraded to Buy from Underperform at BofA), NTI +2.6% (upgraded to Outperform from Neutral at Macquarie ), SNE +1.4% (upgraded to Overweight from Equal Weight at Morgan Stanley)

Gapping down:
In reaction to disappointing earnings/guidance: PRCP -20.3%, MM -14.6%, EGLE -13.5%, CSCO -11.2%, (also downgraded by multiple analysts), KSS -9.4%, CNTY -8.9%, NTES -7.8%, FENG -7.2%, RMAX -6.9%, CIDM -5.7% (ticking lower), AH -4% (provides business and restatement update; appoints two new board members and authorizes $50 mln share repurchase program), AFCE -3.2%, (light volume), XONE -2.7%, WMT -1.1%.

M&A news: RVBD -4.1% (following late spike on sale speculation; recent reports indicate co has denied rumors), .

CSCO peers are trading lower: FNSR -3.8%, CAVM -3%, JNPR -2.5%, ORCL -2%, EZCH -1.9%, JBL -1.8%

Other news: TWGP -3.1% (files to delay its 10-Q), YY -2.4% (announces proposed offering of $250 million convertible senior notes due 2018), GWR -2.2% (announces sale of ~5.98 mln shares of common stock by Carlyle Investment Funds), DB -2.2% (reports indicate Jon Hitchon is leaving), BALT -2% (announces agreements to acquire two Ultramax newbuildings with option to acquire two additional vessels), TWTR -1.4% (still checking), RIO -1.3% (Rio Tinto trying to receive approval for Arizona copper mine, according to reports ), SINA -0.2% ( proposed offering of $600 mln convertible senior notes and concurrent $100 mln share repurchase).