JPMorgan Chase – Despite a further awful showing by shares down 1% at $29.44, an option trader sold 10,000 out-of-the-money puts at the December 17.5 strike for a premium of 50 cents. Negative comments from Oppenheimer bank analyst, Meredith Whitney to Bloomberg television stated that the Citi rescue would merely plug holes in its balance sheet for now. That has other financials on the back foot today...
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