Friday, July 6, 2007

RadioShack calls heat up after fund reveals stake

(Reuters) - "We think the catalyst for the call buying today is the
stake by D.E. Shaw," said Jon Najarian, co-founder of Web
information site optionmonster.com in Chicago. "This may have
flown under some folks' radar screens. I think people are
reacting to this today."




According to Najarian's computer model, only 287 calls,
giving investors the right to buy RadioShack shares at a given
price and time, changed hands on Thursday, significantly below
June's average daily call volume of 2,399 contracts.


Read more at Reuters.com Government Filings News

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