Tuesday, January 20, 2009
Unusual Put Volume: General Electric
The following put contracts traded in heavy volume today:
Feb '09 $7.5 puts
Feb '09 $10.0 puts
Feb '09 $5.0 puts
One possible explanation for this activity is that their earnings report on the 23rd will disappoint and the stock will crater. Keep an eye on this one.
Posted by MK at 6:01 PM