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Strategies & Market Trends : Calls and Puts for Income

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To: Bridge Player who wrote (858)6/29/2007 3:19:33 PM
From: Uncle Frank  Read Replies (1) of 5891
 
I've been tracking AA July 40 strike puts since they were suggested for writing a few weeks back. The underlying has trended down steadily, and I was surprised that it wasn't defended by the massive institutional ownership. AA popped up 3% today, which is a huge more for a large cap, and I can't find any news to explain it. Any insights?
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