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Thornburg Mortgage April Calls

Mar 12 2008

Thornburg Mortgage April Calls

The Thornburg Mortgage April Calls have a large amount of volume today as the stock has skyrocketed 85%. This stock plummeted on a restatement of earnings earlier in the week and has now rallied large percentages two days in a row. Strike prices of 2.50, 5, and 7.50 are all very active. There is also some buying on the put side as the April 2.50s have a decent amount of interest but not close to the 15,000 volume on the call side.

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