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Re: Phisherman post# 669

Thursday, 09/25/2008 4:45:16 PM

Thursday, September 25, 2008 4:45:16 PM

Post# of 797006
Fannie Mae-FNM calls active on wide intra-day price swings
09/25 02:51 PM
FNM is recently down 2c to $1.76. FNM traded at a intra-day high of $2.76 with a intra-day low of $1.10. The U.S. Treasury took over FNM on September 8th. FNM October 2 straddle is priced at $1.65, December 2 straddle is priced at $2. FNM call option volume of 112,453 contracts compares to put volume of 20,303 contracts according to Track Data.