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Phisherman

09/25/08 4:43 PM

#6164 RE: Phisherman #6161

Freddie Mac-FRE calls active on wide intra-day price swings
09/25 02:48 PM
FRE is recently down 2c to $1.84. FRE traded at a intra-day high of $2.95 with a intra-day low of $1.31. The U.S. Treasury took over FRE on September 8th. FRE October 3 straddle is priced at $1.95, January 3 straddle is priced at $2.65. FRE call option volume of 101,667 contracts compares to put volume of 18,294 contracts according to Track Data.
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writonwater

09/25/08 4:44 PM

#6166 RE: Phisherman #6161

What a positive article, suggesting strong near and medium term upward bias for shares aof FNM and FRE. A three to five year time hprizon is fine with me, particularly if it is, as the article suggests, from a platform of about five dollars...Sam
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trunkmonk

09/25/08 4:46 PM

#6167 RE: Phisherman #6161

still does not explain today, very disturbing that Cramer says it will go back to ones within a short period within a day. he looked very suspicious today when he was talking, like he was giving his buddies the signal to sell it down. he should be investigated.
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pkripper

09/25/08 4:52 PM

#6175 RE: Phisherman #6161

nice article, thankyou. e/m