Man look at all the volume on the June 17.5 puts, and it was right at the end of the day. 7,184 contracts traded.
Something has to be up.
There are about 120,000 put contracts outstanding at-the-money and down to the 17.5 strike.
Friday, May 30, 2008
Google Blog Search via Google Reader of any mention of "Lehman Puts"
There are about 120,000 put contracts outstanding at-the-money and down to the 17.5 strike.
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