Options Wonderland

[RonnieD]

just out - huge call buying on FAZ.

Financial worries spark bearish option trades in ETFs

"This trade suggests precious little upside for financial stocks between now and the end of the summer," he said.

The ETF's option volume rose to double the normal levels, with 92,000 calls and 17,000 puts traded, according to option analytics firm Trade Alert.

http://www.reuters.com/article/marketsNews/idINN2218972320090422?rpc=44