In other news, we see AAPL raging to the upside by $17 and approaching 500$ level shortly. Analysts price targets have all risen and ipad 3 should be a positive growth driver. I think this AAPL momentum to the upside is proven and you cant making money shorting APPL. Somtimes the best trade is no trade.
We have not seen any unusual option activity today but we have seen a huge volume Feb 35 Call buyer of EXPE. We have seen EXPE rally more then 2.5% to the upside. However, with poor results from TRIP this call buyer could be selling stock against its Calls creating a straddle. I will put on a EXPE position minutes before the closing bell. More unusual options activity we have seen is call buyers in solar names such as JASO,SOL, TSL. KOTM took profits on the calls they were long and we are currently flat solar stocks