Volume Spike Investor

While you never know what the exact bets are, we are seeing some continued elevated trading volume in the Washington Mutual Inc. (NYSE: WM) Call options.  Some of the volume is in the current expiration month and some is very far out on the curve.  You can see the volume aith the corresponding open interest:
OPTIONS/STRIKE    [...]

Washington Mutual Inc. (NYSE: WM) has seen some unusual stock options activity in the last hour or so.  With the weakness in Lehman Brothers after its losses and $6 Billion financing and with everyone on Wall Street asking “who’s next?”, this one might not be that large of a surprise.  Here is the unusual trading [...]