LEH down 17% but Oct 20 calls are up!

The calls keep rising as LEH is falling. Something's up.

 

Something's up = implied volatility

 

I don't think so

 

LEH news re KDB just hit Bloomberg. It figures.

 

relatively low volume...nothing to see here

 

WOW! GOING TO 0

LOL

 

Anyone who has come in to help these firms has got burned. They will not be able to raise capital. FRE,FNM investors who helped sure up the capital have got burned big time.

You can thank the Fed and Paulson for this.

 

Now down 25%, ugly.

 

Make that 40.30%

 

wow, just flipped 10k 8.8->9.8... niceeee