Airline stocks are taking a nose dive today due to fears the weak economy will reduce travel demands and hit fares over the coming months. AMR Corp. (AMR), the parent company of American Airlines, is the worst performer with its stock trading 17% lower today and currently sitting at a two year low.
Worldwide energy services company McDermott International, Inc. (MDR) sees its shares set a new 52 week low of $10.45 this morning and it looks like some option investors are using the recent drop in share price to open a Bullish two month position.
Can Crude Snap Out of Bear Market?
Unusual Options Activity Review For Friday, September 30, 2011
Top Ten Most Active Equity Options & Strikes – AAPL, BAC, CREE, RIMM, NFLX
Implied Volatility Movers And Unusual Volume Movers For Midday 9/30/2011
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Big Lots, Inc. (BIG) & Molex, Inc. (MOLX) see unusual activity on Friday, September 30, 2011.
Commodities Sink Aussie
Unusual Options Activity Review For Thursday, September 29, 2011
Top Ten Most Active Equity Options & Strikes – -KGC, AAPL, RIMM, HPQ
Implied Volatility Movers And Unusual Volume Movers For Midday 9/29/2011