Option Block 348: Rampant Insider Trading
Option Block 348: Rampant Insider Trading
The Trading Block: More of a micro, rather than a macro day today. Gold up on the day. Is VIX too low? Lululemon had a stealth rally last week. New Amazon Fire phone. Visa popped up the day. A study by professors at NYU and McGill University in Montreal shows insider options trades precede about a fourth of US M&A deals.
Odd Block:Call sales trade in Verso Paper Corp. (VRS), and bullish risk reversal/Combos trade in Exterran Holdings Inc. (EXH)
Xpress Block: New premium harvesting tools now available in IdeaHub. New features for the Walk Limit.
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