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Unusual trading in Wells Fargo (WFC) options is noted, writes Steve Sears, with big buyers...

Unusual trading in Wells Fargo (WFC) options is noted, writes Steve Sears, with big buyers scooping up January $36 calls (current price: $34.91). Traders usually take advantage of inflated prices by selling options ahead of earnings, but the collapse in the VIX has made these puppies a better buy than sell.
Comments (2)
  • rrodrigyez4129
    , contributor
    Comments (2) | Send Message
     
    Hi Steve,

     

    The VIX seems to be unually low considering the economy and debt ceiling issues. I think a story on who may be manipulating the VIX would make an interesting story.

     

    Richard
    18 Jan 2013, 05:59 PM Reply Like
  • rrodrigyez4129
    , contributor
    Comments (2) | Send Message
     
    The VIX seems to be unually low considering the economy and debt ceiling issues. I think a story on who may be manipulating the VIX would make an interesting story.

     

    Richard
    18 Jan 2013, 05:59 PM Reply Like
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