Active Stocks: Mercadolibre, Carrols, Generac, Jive Software, Scotts May 9th

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Mercadolibre Inc (NASDAQ:MELI): MercadoLibre May 75 puts are active on total put volume of 3,500 contracts (2,700 calls). May call option implied volatility is at 52, September is at 53; compared to its 26-week average of 48 according to Track Data. Active volume suggests traders taking positions for additional price movement. Shares of Mercadolibre Inc are trading 10.93% lower today.

Carrols Restaurant Group, Inc. (NASDAQ:TAST): Carrols Restaurant sees 2012 capex approximately $30M-$35M  This includes $19M-$24M for remodeling more than 50 restaurants. Shares of Carrols Restaurant Group, Inc. are trading 1.35% lower today.

Generac Holdings Inc. (NYSE:GNRC): Goldman downgraded Generac based on valuation. Price target is $30. Shares of Generac Holdings Inc. are trading 5.61% lower today.

Jive Software Inc (NASDAQ:JIVE): BMO Capital increased its target on Jive after the company reported stronger than expected Q1 billings growth. The firm reports that its checks on the company remain positive, and it maintains an Outperform rating. Shares of Jive Software Inc are trading 5.8% lower today.

Scotts Miracle-Gro Co (NYSE:SMG): BMO Capital upgraded Scotts Miracle-Gro based on valuation. Price target lowered to $42 from $44. Shares of Scotts Miracle-Gro Co are trading 0% higher today.

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