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Options Know-How: Lehman, Wachovia

Stock quotes in this article: LEH , WB , FTO , ADM  

How much do you know about playing the stock market with options?

The following are highlighted options insights and ideas from TheStreet.com.

From Lehman's Options Plays Suggest Fear:

On the heels of the mid-June announcement of a $2.8 billion quarterly loss, Lehman Brothers (LEH Quote) announced $6 billion in fresh financing, and conceded that an additional capital infusion would likely be required. Option traders smelled blood and starting buying chunks of put contracts. Lehman might be in deep trouble, according to their bearish bets. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
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