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Options Know-How: PMI, AT&T

Stock quotes in this article: PMI , T , HHH , ^VIX , ^GSPC  

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

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

From Option Traders See a Bottom in PMI Group:

Earnings carnage continued in the insurance segment today, with PMI Group (PMI Quote) reporting lower profits and hits on its investment portfolio. Early data from TradeAlerts suggests that 95% of the option activity in the country's second-largest mortgage insurer weighs in on the bullish end of the sale, with buying interest at the December 5.0 call strike at 35 cents per contract propelling volume to 14 times the normal level. This may simply be an indication of a hard-won bottom for a stock that has lost more than three-quarters of its value this year. ...

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