There are literally tens of thousands of calls and puts expiring today at all strikes. Any group of them could be right for any reason. The calls could have been bought or sold 6 months ago. I would be more interested in puts bought within the last month or so. If a bomber was captured or backed out, the rags would be out a bunch of dough if they bought a long while ago. Most likely, If it were me, I would take a position when I knew everything was in place.
Move along, nothing to see here. Although, it would be nice to see the bastids loose their a$$ in the Bush market.
Between Glenn Beck and the hysterical stock market posts I'm about to have a nervous breakdown. My husband will be able to retire on Sept. 25, when he turns 62, but he plans on working two more years at least. He can't take out his 401K funds unless he leaves the company. So will our 401K bomb within the next two years? If that's the case, I'd rather he retired now and took the money. Also, does anyone know how 401K funds are taxed when they're taken?
Carolyn