FNM & FRE Straddles at $4.55 & $5.20

Discussion in 'Stocks' started by archon, Jul 11, 2008.

  1. archon

    archon

    http://www.theoptionsinsider.com/tradingtechnology/?id=934

    Freddie Mac (FRE)
    FRE Options Suggest Large Price Fluctuations

    FRE is recently trading at $4.55 in pre-open trading, below its close of $8.00.

    FRE July 5 straddle closed at $4.00, August 5 straddle closed at $5.20, suggesting larger price movement.


    Fannie Mae(FNM)
    FNM Options Suggest Large Price Fluctuations

    FNM is recently trading at $6.61 in pre-open trading, below its close of $13.20.

    FNM July 10 straddle closed at $4.55.

    FNM August 10 straddle closed at $6.60 according to Track Data, suggesting large price fluctuations...

    http://www.theoptionsinsider.com/tradingtechnology/?id=934
     
  2. Wow these guys are so sharp.