Most Active Options Trades

-CALLS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
BAC        2/18/12           8.0000         654            0.1900      up 0.0100 
AMGN       4/21/12          72.5000         155            1.2300      dn 0.2600 
LVS        2/10/12          52.5000         151            0.7200      up 0.1500 
AMGN       3/17/12          72.5000         138            0.5600      dn 0.2300 
CSX        5/19/12          25.0000         125            0.3000      dn 0.1800 
GLD        2/18/12         168.0000         117            1.9300      dn 0.3500 
TIVO       2/18/12          10.0000         110            1.5300      up 0.7700 
BAC        3/17/12           7.0000         109            0.9800      dn 0.0100 
AAPL       2/10/12         460.0000         105            3.8500      up 0.3500 
FAZ        2/18/12          26.0000         104            1.2100      up 0.0800 

 -PUTS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
LVS        2/18/12          48.0000         587            0.2100      up 0.0000 
BAC        2/18/12           7.0000         518            0.0500      up 0.0000 
NFLX       2/10/12          95.0000         198            0.0100      dn 0.0600 
GLD        2/18/12         165.0000         163            1.4400      up 0.0500 
LVS        2/10/12          50.0000         151            0.1800      dn 0.0800 
CSX        5/19/12          22.5000         125            1.3300      up 0.2600 
POT        6/16/12          37.5000         113            0.8700      up 0.0000 
LVS        2/18/12          45.0000         112            0.0600      up 0.0100 
TEVA       6/16/12          37.5000          80            0.6100      up 0.0400 
TEVA       6/16/12          40.0000          80            0.9700      up 0.0500 

 -VOLUME- 
 CALLS      PUTS           TOTAL 
13717    18176        31893

-CALLS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
BAC        2/18/12           7.0000        2207            0.9200      up 0.0500 
F          4/21/12          14.0000        2110            0.2900      up 0.0400 
GLD        3/17/12         168.0000        2011            4.0000      dn 0.2900 
F          2/18/12          11.0000        2000            1.8300      up 0.0500 
GM         3/17/12          25.0000        1619            2.3600      up 0.2700 
GM         2/18/12          20.0000        1608            6.5100      up 0.2600 
BAC        2/10/12           8.0000        1272            0.1200      up 0.0000 
AAPL       2/10/12         465.0000        1158            1.7400      up 0.3100 
CSCO       2/18/12          20.0000        1064            0.7400      up 0.0000 
AAPL       2/10/12         460.0000        1012            3.9500      up 0.5000 

 -PUTS- 
OPTION    EXP.DATE       STRIKE PRC.     VOLUME        LAST S/PRC.    NET CHANGE 
BAC        5/19/12           6.0000        3119            0.1800      up 0.0000 
ZNGA       2/18/12          12.0000        1926            0.6700      dn 0.1300 
BAC        5/19/12           7.0000        1556            0.4000      dn 0.0100 
TLT        2/18/12         115.0000        1354            0.8600      dn 0.0500 
DNDN       2/18/12          14.0000        1191            0.4800      dn 0.2100 
T          2/18/12          35.0000        1031            5.2500      up 0.1000 
HAL        2/10/12          36.0000        1002            0.2900      dn 0.0200 
SYY        2/18/12          30.0000         920            0.5000      up 0.2000 
TOL        3/17/12          24.0000         906            1.3000      up 0.1200 
HPQ        5/19/12          24.0000         750            0.4500      up 0.0000 

 -VOLUME- 
 CALLS      PUTS           TOTAL 
265391    229000        494391

Now above $18 spread premium to Brent.

+4.5% to $28.5

“The impact is not as big as some people may think,” said Yang, who recommends buying Qihoo 360’s shares. The company derives no revenue from offering mobile-phone applications at present, she said.

Carolyn Wu, a spokeswoman at Apple in Beijing, said she was trying to obtain more information about the removals.

Full Article

Source

Depomed Inc. (DEPO) gained 7.5 percent to $7.2. The drugmaker said it will get “modest, single-digit royalties” on net product sales of Merck & Co.’s (MRK US) type 2 diabetes Janumet XR until the expiration of the licensed patents.

General Motors Co. (GM) rose 1.2 percent to $26.50. The automaker is likely to report net income in 2011 was $8 billion when it reports earnings on Feb. 16, the Wall Street Journal reported, citing unidentified people who have seen the figures. That compares with the average analyst estimate of $7.8 billion, according to data compiled by Bloomberg.

Hasbro Inc. (HAS) declined 5.5 percent to $33.89. The world’s second-biggest toymaker reported fourth-quarter revenue of $1.33 billion, falling short of the average analyst estimate of $1.34 billion.

Micron Technology Inc. (MU) fell 2.6 percent to $7.74. Steve Appleton, the memory-chip industry’s longest-serving chief executive officer, died after crashing an experimental plane in Boise, Idaho. Chief Operating Officer Mark Durcan will assume the CEO’s responsibilities until a successor is chosen.

Riverbed Technology Inc. (RVBD) rose 2.3 percent to $26.51. The maker of computer-networking products was raised to “outperform” from “sector perform” at Pacific Crest Securities Inc.

Sohu.com Inc. (SOHU) fell 13 percent to $55. The owner of China’s third-biggest search-engine posted an unexpected 39 percent decline in profit as the company incurred a charge from acquisitions, eroding higher advertising and games sales.

SureWest Communications (SURW) rallied 9.1 percent to $17.01. Consolidated Communications Holdings Inc. (CNSL US) is agreed to buy the operator of an integrated network of communications products for $23 a share.

TiVo Inc. (TIVO) climbed 6.9 percent to $12. The digital-video recording pioneer may rise to $18 or higher as patent-lawsuit settlements boost income and its digital- recording technology attracts takeover bids, Barron’s reported.

Weyerhaeuser Co. (WY) declined 2.2 percent to $20.84. The U.S. lumber producer and home builder was cut to “sell” from “neutral” at UBS AG.

Zogenix Inc. (ZGNX) retreated 10 percent to $2.45. The specialty pharmaceutical company filed a plan to sell as much as $75 million of securities. Proceeds will be used to help fund the commercialization of its Sumavel DosePro and Zohydro drugs and develop new product candidates.

Source

AeroVironment, Inc. (NASDAQ: AVAV) Raised to Buy at Goldman Sachs.
Aetna, Inc. (NYSE: AET) named Bull of the Day at Zacks.
Alcatel-Lucent S.A. (NYSE: ALU) Cut to Sell at S&P Equity Research.
Ann Inc. (NYSE: ANN) Cut to Underperform at Barclays.
Cardinal Health Inc. (NYSE: CAH) Reiterated Buy with $52 price target at Argus.
Comerica Inc. (NYSE: CMA) Raised to Outperform at RBC.
Corning Inc. (NYSE: GLW) Raised to Overweight at Piper Jaffray.
FedEx Corporation (NYSE: FDX) Raised to Buy at BofA/ML.
JAKKS Pacific, Inc. (NASDAQ: JAKK) named Bear of the Day at Zacks.
Macy’s Inc. (NYSE: M) named as value stock of the day at Zacks.
PNC Financial Services Group, Inc. (NYSE: PNC) Cut to Market Perform at BMO.
Polypore International Inc. (NYSE: PPO) Raised to Outperform at Baird.
Royal Dutch Shell (NYSE: RDS-A) Cut to Neutral at Credit Suisse.
Skechers U.S.A., Inc. (NYSE: SKX) Raised to Neutral at Stern Agee.
Teva Pharmaceutical Industries (NASDAQ: TEVA) Cut to Equal-weight at Morgan Stanley.
Under Armour Inc. (NYSE: UA) Reiterated Buy with $90 target at Argus.
Weyerhaeuser Company (NYSE: WY) Cut to Sell at UBS.

Gapping up

HCA +2.6% , DEPO +6.4%, TIVO +6.9%,  RVBD +3.5% , GOLD +3.3%, NBG +1.7%, SURW +9% , THLD +12.7%, DEPO +7.0%, GM +2.3%,  CFX +3.5% ,  PPO +2.4%,

FDX +1.0%, GLW +1.5% ,  KRA +0.6%,

Gapping down

ZGNX -12.1%, ANR -4.3%, DB -3.6%, MT -3.5%, TS -2.8%, MU -1.9%, RIO -1.1%, OHU -11.2%, CYOU -6.2%, HUM -3.2%, HAS -2.4%, : DB -2.9%, BCS -2.9%, ING -2.1%,

CS -1.9%, C -0.9%,  WY -2.3% ,  ABB -2.3%, MGM -1.9%,

In Play

On the Wires

Fidelity National Financial announces agreement to acquire O’Charley’s for $9.85 per share in cash

Ticker: CHUX

The company earned $0.65 per share vs $1.07 a year ago 

A yawn report 

Along with good earnings the company reported a special $2 dividend…

Higher food costs helped to dampen better than expected revenues…

The Euro is @ 1.3034

Blah, blah, blah…..

Greek debt talks were supposed to be resolved over two weeks ago…..

Right on China

Let’s hope we have seen the worst of it….