Morning Movers: LDK Solar, Origin Agritec, USG

(SEED) - Origin Agritech Ltd. - Shares of the technology-focused crop seed company skyrocketed 50% higher to a new 52-week high of $7.84 this morning. Option traders exchanged nearly 14,000 contracts on the stock by 10:20 am (EDT) on total previous existing open interest of just 2,634 lots. Stay tuned for more information, but it looks like traders are voraciously scooping up December 10 strike call options to position for further upside momentum in share price. Option implied volatility is up a whopping 53.60% to 90.93%.

(LDK) - LDK Solar Co. Ltd. - The manufacturer of solar wafers posted third-quarter earnings of 27 cents per share, which blew average analyst expectations of a loss of 13 cents per share, straight out of the park. Shares of LDK are currently up 8% to $8.65. Option implied volatility contracted 15.35% to 79.09% following earnings.

(USG) - USG Corp. - Fresh call buying activity took place on the manufacturer of building materials this morning. Shares are trading more than 4.5% higher to $14.74. More than 4,200 calls traded as high as the December 17.5 strike by 10:30 am (EDT).

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