FNM & FRE Straddles at $4.55 & $5.20

http://www.theoptionsinsider.com/tradingtechnology/?id=934

Freddie Mac (FRE)
FRE Options Suggest Large Price Fluctuations

FRE is recently trading at $4.55 in pre-open trading, below its close of $8.00.

FRE July 5 straddle closed at $4.00, August 5 straddle closed at $5.20, suggesting larger price movement.


Fannie Mae(FNM)
FNM Options Suggest Large Price Fluctuations

FNM is recently trading at $6.61 in pre-open trading, below its close of $13.20.

FNM July 10 straddle closed at $4.55.

FNM August 10 straddle closed at $6.60 according to Track Data, suggesting large price fluctuations...

http://www.theoptionsinsider.com/tradingtechnology/?id=934
 
Quote from archon:

http://www.theoptionsinsider.com/tradingtechnology/?id=934

Freddie Mac (FRE)
FRE Options Suggest Large Price Fluctuations

FRE is recently trading at $4.55 in pre-open trading, below its close of $8.00.

FRE July 5 straddle closed at $4.00, August 5 straddle closed at $5.20, suggesting larger price movement.


Fannie Mae(FNM)
FNM Options Suggest Large Price Fluctuations

FNM is recently trading at $6.61 in pre-open trading, below its close of $13.20.

FNM July 10 straddle closed at $4.55.

FNM August 10 straddle closed at $6.60 according to Track Data, suggesting large price fluctuations...

http://www.theoptionsinsider.com/tradingtechnology/?id=934

Wow these guys are so sharp.
 
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