Cusick’s Corner 09-26-2012 After Hours
Not much has changed since my Midday commentary — this is a natural/healthy pullback and at this stage there is little conviction in the way of volume on the bid. There was an interesting spread that traded in the SPX options pit — over a 1000 October 1440 strike straddles traded on the close at prices from $38.30 to $39.30. This looks to be a potentially opening purchase of the calls and puts and is a decent amount of option premium being bought. This … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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