Yesterday was an interesting day for the volatility complex. While the SPX enjoyed a huge up day yesterday in anticipation of a vote of confidence for the current Greek government, I could feel the trading tension.

Bullish Option Activity Alert: LLL

by Patrick (Rick) Mortimer | Jun 22, 2011 | Unusual Activity

L-3 Communications Holding, Inc. (LLL) sees its shares spike this morning following a report issued by the Wall Street Journal that the investment firm Relational Investors LLC has accumulated a nearly 6% stake in the company and favors a sale or spinoff of units within the company.

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