A trader paid almost $13 million to buy call options that pay off if the Chicago Board Options Exchange Volatility Index rises at least 56 percent in the next four months.
Kellogg Co., the maker of breakfast cereals, Pop Tarts and other packaged food, rose the most in almost five years in New York after options trading signaled possible takeover activity.
The price-feed malfunction that briefly froze U.S. options exchanges yesterday shows the dangers of a fragmented market structure go beyond equities trading.
Daniel Och’s hedge-fund group bought options on almost $12 billion of U.S. stocks during the first quarter, a move that may generate profits if markets turn more volatile this year.
Idaho’s bar to gay marriage was challenged by four same-sex couples in a lawsuit filed in federal court in Boise.
Campbell Soup Co., the foodmaker whose shares have been the subject of takeover speculation, saw record volume in a series of bullish options that expire in two weeks.
Tyco International Ltd . is emerging as a candidate for a sale or breakup whether Schneider Electric SA follows through on talks to take over the company or passes on a deal, analysts said.
U.S. Steel Corp.’s options traders are growing more convinced the cheapest steelmaker in America will be acquired, emboldening short sellers to push their bearish wagers to a record high.
The benchmark index for U.S. stock options dropped to the lowest in three weeks and fell to a three-year low in intraday trading as the Standard & Poor’s 500 Index jumped to a two-year high.
The benchmark measure of U.S. stock options fell a seventh day in the longest streak since July, as the economy grew faster than previously reported and concern that the Japanese earthquake will curb growth eased.
"People are wary going into the weekend in case there is an announcement of some kind."
- Christopher Rich on Jun 06, 2014