Volume Spike Investor

Warren Buffett has been active in snapping up shares of railroad stocks when he has been able to, such as Burlington Northern Santa Fe Corp. (NYSE: BNI).  He has done this generally writing PUT OPTION contracts to collect a high premium, and if the stock falls under the strike price it means that Warren would [...]

U.S. Steel (NYSE: X) had some unusual options trading on Friday, and this was no close-out trade.  We saw in the PUT OPTIONS which expire on Friday, October 16, 2009 a highly unusual trading pattern in the OCT-2009 $30.00 Strike Puts as options contract trading volume of 20,465 contracts were made.  The prior open interest [...]