Volume Spike Investor

National City Corporation (NYSE: NCC) has not gone without its shares of trouble since the financial meltdown started.
OCT08 $4.00 PUTS have seen some 27,079 contracts trade over the last 45 minutes.  Its prior open interest was a mere 6,220 contracts.  As a reminder, 27,000 contracts equals 2.7 million on a fully leveraged basis.  This was [...]