Tempur-Pedic International, Inc. (TPX) ? The maker of premium mattresses and pillows popped up on our scanners at the start of the trading session with options activity that?s anything but sleepy. Shares in Tempur-Pedic International jumped 17.6% this morning to secure an intraday- and new all-time high of $59.98 after the company raised its full-year guidance and said it expects to report strong first-quarter results in its announcement after the close on April 20, 2010. The company is expecting to earn $2.80 to $2.95 a share on sales of $1.31 to $1.36 billion for the full year, which is far greater than the average analyst estimate of $2.72 a share on revenue of $1.26 billion.
Fresh bullish positions were initiated at the April $60 strike, where more than 2,200 calls changed hands on previously existing open interest of just eight contracts. It looks like the majority of these calls were
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Tricia Vessey Aki Ross Ashley Tappin Carmen Electra Amanda Marcum
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