most likely performer near term...

Most of my u stocks were looking a little exhausted by the end of the day, suggesting a possible flat period ahead...a few however showed signs of a likely contunuation.

Of those, RPT looks the one most likely to continue with significant interest tomorrow...

Given pevious rally's for RPT, the recently traded volumes, although very healthy, are still way below typical spike levels. The last 4 sessions have seen the following volumes traded...

1. 29m
2. 23m
3. 21m
4. 41m

I find their relative consistency more indicative of accumulation rather than "spike" activity...although today's volumes were approaching the "spike" zone.

Also of importance are the daily VWAP's of the same period...

1. 9.12
2. 9.65
3. 9.96
4. 10.56

Once again, no indications of "spike" activity...just a consistent and gradual increase over the period in question.

The thing that strikes me here, is that the particular patterns of trading are indicative that an instruction or "number" may be in the market...someone somewhere may well have put a figure out on RPT?

Anyway, previous spikes have seen daily volumes around the 80m+ mark...with one day even turning over more than 131m.

Given the wider interest for the sector and the timing of RPT's current cycle (near breakout confirmation), I see a real chance for one or more massive volume-induced spikes near term...if so, prices could easily reach into the high teens.

Given this scenario, I am surprised the options are trading at a discount?

It appears there is a "feeder" in the options, and I guess still some degree of doubt about the sustainability of the current rise...so perhaps this is being reflected?

In light of this, should it appear the "feeder" has run out of stock at any time, or that the shares find support above the 11c breakout number...we may well find the options quickly move to premium.

Cheers!