If you are looking to play a potential takeover target look no further than Novellus Systems (NVLS). Option activity soared today where over 7,000 calls traded. Novellus engages in the manufacturing, marketing, and servicing of semiconductor equipment for thin film deposition and surface preparation. Today’s stock volume for NVLS was also much higher than normal daily volume….look for this one to run.
CHECK THIS OUT!
Disclosure - I am long NVLS