By Pete Najarian, co-founder of OptionMonsterNEW YORK ( OptionMonster) -- Option traders are looking for a rebound in Invesco Mortgage Capital ( IVR), which has taken a significant hit this quarter. Buyers were focused on the November 14 contracts Tuesday, initially paying 80 cents but then 90 cents as the stock pushed higher, according to OptionMonster's real-time tracking systems. More than 6,800 of those calls traded, 50 times the open interest when the session began, indicating that these are new positions. Invesco's stock rose 0.35% to $14.18 Tuesday but was above $20 back in July. The company, which finances and manages mortgage loans and mortgage-backed securities, recently issued a secondary stock offering to address losses. Overall more than 7,000 calls traded at all strikes versus 679 puts in Tuesday's session, and total volume was triple the daily average for the name. The activity followed call selling in Invesco's November 15 contracts last week, a bet that upside would be limited. Najarian has no positions in IVR.