Calls once again took the lead in NVIDIA Corporation’s (NASDAQ:NVDA) options pits yesterday. By the time the dust settled, about 26,000 calls had crossed the tape — a 43% mark-up to the average daily volume, and nearly 16 times the number of puts that traded. The most active strike was the May 19 call, as traders bet on a push into multi-year-high territory. NVIDIA Corporation (NASDAQ:NVDA) stock opened at $18.36 in last session, and closed at $17.74, while the day range of NVDA stock is $17.65-$18.43.The stock showed a positive weekly performance of -3.48%.
ALU — which is up 178.4% year-over-year to trade at $4.12 — received an upgrade to “outperform” from “market perform” at BMO this morning. Speculators at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) have also been bullish toward Alcatel Lucent SA (ADR) recently. In fact, over the past 20 sessions, the equity has racked up a call/put volume ratio of 43.01 at these exchanges. This means long calls have outnumbered long puts by a margin of roughly 43-to-1 in the last month. Alcatel Lucent SA (ADR) (NYSE:ALU) stock opened at $4.04, in last session and closed at $3.90, by loosed -4.41%. The 52 week range was $1.27-$4.68.Company’s market capitalization is $9.36 billion.
Put players have been increasing their presence in ARM Holdings plc’s (ADR) (NASDAQ:ARMH) options pits of late, per data from the International Securities Exchange (ISE) and Chicago Board Options Exchange (CBOE). During the course of the past five sessions, speculators on these exchanges have bought to open 7,513 puts, compared to 978 calls, resulting in a top-heavy put/call volume ratio of 7.68. ARM Holdings plc (ADR) (NASDAQ:ARMH) stock loosed -2.66% and finished the last session at $47.90. The EPS of the stock remained 0.54. Company’s market capitalization is $22.35 billion.
The QUALCOMM, Inc. (NASDAQ:QCOM) On Mar. 10 announced that Derek Aberle, executive vice president of Qualcomm Incorporated and group president has been promoted to president of Qualcomm Incorporated. In his new role, Aberle will have oversight for all business divisions across the organization as well as the Company’s global market development and marketing groups. He will also continue to formulate and drive key strategies for diversifying and growing the company in both our core businesses as well as new business opportunities. Aberle will report to Steve Mollenkopf, chief executive officer of Qualcomm Incorporated. QUALCOMM, Inc. (NASDAQ:QCOM) stock opened the session at $77.00, and closed the session at $75.63. The 52 week range of the QCOM stock remained $59.02-$77.20 and the day range was $75.39-$77.12.