Option Block 90: The Voice of Options
Option Block 90: The Voice of Options
TRADING BLOCK: Research in Motion (RIMM) - The future looks bleak. “The Widowmaker” strikes again - Netflix (NFLX), which was trading $300 just two months ago, down 40%. Yet another “rogue trader” on the loose - this time it costs UBS $2 billion. Commodities rundown - gold is coming down, is this the right time tighten up your hedges?
ODD BLOCK: Unusual and interesting options activity in: UBS AG (UBS) - a staggering $2 billion lost in trading as a rogue trader racked up unauthorized dealings. Call buying and put selling on the stock appear to be the most…
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