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Alarm Bells: Unusual Options Activity in the Airlines
Most conspiracy theories aren't worth the vapors they're concocted from; we don't need something elaborate to explain what happens simply in the course of human events.
But options 
action in two airline stocks ahead of the Sept. 11 terrorist attacks suggests that the very perpetrators of these atrocities may have benefited from the disasters. Unusual action happened in the options of United Airlines' parent UAL (UAL Quote) and American Airlines' parent AMR (AMR Quote), and here's how you can tell.
A New Level of Evil
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,344.84 | 1,095.63 | 2,144.60 | 32.01 |
Oil *
78.55
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UP
34.92
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UP
4.14
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UP
6.16
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DOWN
0.30
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10 Yr
3.20%
SPDR Gold
115.65
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+0.34%
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+0.38%
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+0.29%
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-0.93%
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