Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (42000)	6/13/2002 4:53:04 PM
From: The Freep	Read Replies (1) \| Respond to of 209892

I mentioned this to Shack in passing yesterday, but after today's bank action, it becomes more interesting: so far as I can tell, yesterday there was a 700 contract buy on the BKX 840 puts (already up about 40% from purchase price! Wow.). This is a nearly $1.8 million bet/hedge/whatever in a VERY thinly traded set of options. I haven't looked at individual issue yet, but it would be interesting to see if there were large puts on the banksters in the last day or two. the freep