SchaeffersResearch.com Daily Market Blog

June Call Volume Accelerates on The Cheesecake Factory

Wed, 16 May 2012 18:35:00 GMT

Call volume on The Cheesecake Factory (CAKE - 31.67) has picked up steam today, with nearly 3,800 of these options changing hands so far -- which is 14 times above the norm -- compared to fewer than 300 puts...(Read More)

Last-Minute Bulls -- or Skeptics -- Swarm Darden Restaurants

Wed, 16 May 2012 17:48:00 GMT

Bullish speculators are favoring Darden Restaurants, Inc. (DRI - 54.14) today, which has seen roughly 18,000 calls trade so far, reflecting an impressive 83 times the equity's expected intraday volume...(Read More)

Options Sellers Eye Pharmacyclics' Longer-Term Puts

Wed, 16 May 2012 16:55:00 GMT

Put players have made a beeline for Pharmacyclics, Inc. (PCYC - 28.78) today, as more than 4,300 of these options have been exchanged, which is six times the equity's anticipated intraday volume across all strikes...(Read More)

Midday Market Stats: Dow Jones Industrial Average Rises 19 Points

Wed, 16 May 2012 15:47:00 GMT

Ahead of the Federal Open Market Committee's (FOMC) release of its April minutes, the Dow Jones Industrial Average (DJI - 12,651.00) is up 19 points, or 0.2%, as upbeat housing and industrial production data has helped offset investors' concerns over Greece...(Read More)

Chesapeake's (CHK) Collapse Expected to Continue

Wed, 16 May 2012 15:21:00 GMT

Natural gas prices have been on the rise since mid-April, but this backdrop isn't helping Chesapeake Energy Corporation (CHK - 14.89), which has endured a slow burn lower over the past eight months or so...(Read More)