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Trading in bearish options on Lockheed Martin (LMT) soared to a record 57,000 puts on Friday,...

Trading in bearish options on Lockheed Martin (LMT) soared to a record 57,000 puts on Friday, with most of the transactions coming before the defense contractor said COO Christopher Kubasik would not become CEO, as planned. "This is either a one in 1,000 random event or an egregious example of improprietous trading based on non-public information," says options analyst Ophir Gottlieb.
Comments (2)
  • chopchop0
    , contributor
    Comments (3006) | Send Message
     
    In other news, the grass is green and the sky is blue
    12 Nov 2012, 07:00 AM Reply Like
  • holydawn
    , contributor
    Comments (124) | Send Message
     
    LOL, this is too much. Does this fool actually believe there was no inside info regarding this?
    12 Nov 2012, 09:22 AM Reply Like
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