A lot of people are assuming after Intel's disappointment that Texas Instruments will also disappoint.
We are seeing interest in the March and April 15 calls. They (investors) are betting that the earnings will be a surprise to the upside.
There is a rumor that they lost a major contract and they could announce it as early as Friday.
There are rumors that Boeing could announce a $5 billion Chinese order as early as tomorrow and, because of that speculation, the call options have become very active.
The technology stocks, especially the semiconductor sector, are starting to come back into favor. This looks like a change in leadership from other areas like the energy sector. People are looking to put money back into the market, especially into sectors that have been laggards.
