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. [View news story]
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.
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. [View news story]
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.
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. [View news story]
Richard
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. [View news story]
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