Got a "hot tip" on CREE at a party and lo and behold it's up like 12% today, before I can even look at the balance sheet. Put in an order for the Vanguard account at 23, which is where it started before today's pop. On a whim I also bought Jan 25 Puts since it looked a little too hot today and then sold them on a tight stop loss. (It seemed worth a try.) The LED lighting industry looks like it may be huge: from the AP - [["American Technology Research CEO Richard Prati said he expects many consumers to switch to light-emitting diodes, or L.E.D, to light up their homes. Prati said in an interview with CNBC he believes the technology is going to proliferate, like Internet companies did in the 1990s, noting that L.E.D can save 90 percent on energy bills. He said its positive environmental reputation will help attract consumers. "This is a company that we think is really misunderstood," Prati said of Cree. "This is one of the few companies that we can find that can save people 90 percent on their energy consumption, will last for about 20 years, as far as the L.E.Ds that they install, and it's environmentally safe."]] This guy's price target is $55. Currently hold Dec 135 Puts on DIA and Apr Near the money XLF Calls.