Rambus (NASDAQ: RMBS) is recently up $5.64 to $24.39.

Bloomberg reported RMBS wins final phase of Hynix patent infringement trial.

RMBS call option volume of 87,523 contracts compares to put volume of 29,918 contracts. RMBS April option implied volatility is at 83, below a level of from 150 prior to the decision, May is at 64 below a level of 114 and August is at 62 below a level of 87 according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Rambus (NASDAQ: RMBS) closed at $18.71 Monday.

RMBS has upcoming patent infringement and anti-trust claim issues.

RMBS April option implied volatility is at 140, May is at 108 and August is at 83; above its 26-week average of 74 according to Track Data, suggesting larger price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Rambus Inc. (NASDAQ: RMBS) said it was notified by the SEC that it had ended its formal investigation into the company's past stock options practices. RMBS closed at $19.84. RMBS has upcoming patent infringement and anti-trust claim issues in 2008. RMBS January option implied volatility is 54 and May is at 74. RMBS average option implied volatility over the last 26-weeks is 64 according to Track Data, suggesting larger price movement.

Micron Technology Inc. (NYSE: MU) is recently up 18 cents to $9.13. MU has been frequently mentioned as takeover candidate over the last 18-months. MU December and January option implied volatility of 57 is above its 26-week average of 42 according to Track Data, indicating larger price risk.

Target (NYSE: TGT) volatility elevated on hopes Ackman's position will lead to changes. TGT is recently up .63 to $62.42. William Ackman's Pershing Square, an activist hedge fund, reported owning a 9.6% position in TGT on 7/16. www.Thestreet.com says "The giant retailer's intent now may be to maintain control of the valuable credit card business while unlocking cash." TGT September & October option implied volatility of 38 is above its 26-week average of 28 according to Track Data, suggesting larger price risks.

Rambus (NASDAQ: RMBS) volatility increases on renewed takeover chatter. RMBS, a technology licensing company specializing in the invention and design of high-speed chip interfaces, is recently up $1.30 to $17.08 on unconfirmed and renewed takeover chatter. RMBS has a market cap of $1.7 billion with March 2006 total quarterly revenue of $47 million. RMBS has upcoming patent infringement & anti-trust claim issues in 2008. RMBS call option volume of 22,361 contracts compares to put volume of 3,000 contracts. RMBS September option implied volatility is 75, October at 68 above a level of 58 from last week; February 2008 is at 68. RMBS average option implied volatility over the last 26-weeks is 57 according to Track Data, suggesting larger price risks.

Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Analysis provided by Paul Foster of Theflyonthewall.com:

U.S. stocks moved higher for the fifth straight session on news that the October Consumer Price Index fell more than expected. The S&P 500 was up 0.27%, NASDAQ 100 was up 0.25%, The Dow was up .44% and the 10 year bond rates rallied to 4.655%. The CBOE VIX was down .15 to 10.16. November options expire on tomorrow, Friday November 17th.

Sears Holding Corporation (NASDAQ:SHLD) is out of money calls, in the money puts its active as Sears sells off based on earnings per share. Sears was recently down 11 to $168.14. GSCO say's "we continue to have reservations about the company's Act 2." Sears December option-implied volatility of 29 is below its 26-week average of 35, according to Track Data, indicating decreasing price risks.

Hewlett-Packard Company (NYSE:HPQ) November straddle priced for $1.80 move on its earnings per share. Hewlett-Packard is expected to report EPS of $0.64 after the close of trading today. Hewlett-Packard at the money November 40 straddle is priced at $1.80, according to Track Data.

Intuit (INTU) November straddle pricing in a $1.20 move on earnings per share and outlook. The company is expected to report a loss of -.13 cents after the close tonight. November at the money straddle is priced at $1.25 according to Track Data.