ADCT - ADC Telecom

Earnings are due this evening. In scanning through Wall Street reports, this one looks like a short play. The stock has traded flat since November, yet a number of analysts have expressed concern that inventory burn has been low at VZ and the delayed T/BLS deal will result in lowered Q1 guidance by ADCT. Volume in in-the-money Dec15 puts out numbers calls by 3 to 1 today.