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Economic report and letter from CenturyLink locate flaws in FCC proposal
Current proposal risks the expansion of high-speed broadband networks
Investors in Cincinnati Bell Inc saw new options become available today, for the May 2017 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.
The most recent short interest data has been released for the 08/31/2016 settlement date, which shows a 1,623,611 share decrease in total short interest for Cincinnati Bell Inc , to 6,818,336, a decrease of 19.23% since 08/15/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
The proposal is an attempt to hijack the FCC's effort to increase competition, says coalition of carriers