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IB Options Brief: Elan Corp. PLC (ELN) & Potash Corp. of Saskatchewan, Inc. (POT)
Elan Corp. PLC (ELN) & Potash Corp. of Saskatchewan, Inc. (POT) see unusual activity on Friday, March 16, 2012.
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Market Moves and Foreign News – What's Changed in 30 Days?
The US markets were up strong yesterday after a week of big gains. The market moving news was (in part) that China claims it will finally let its currency (yuan) appreciate against the dollar. The prior stance has been to peg the yuan to the US dollar (no floating rate).
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Long-Term Calendar Spread in AKS
Paper sold 30,000 AKS Jan20 2017 2 puts at .84 & bought 30,000 of the Jan19 2018 puts for 1.18.
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