Volume Spike Investor

Navistar International Corp. (NYSE: NAV) is trading up this morning but under levels seen in the after-hours session last night.  Shares traded up nearly 10% Wednesday evening in after-hours trading to $59.50 to $60.00 after the commercial truck, bus and engine maker managed to beat earnings and even go so far as to raise its [...]

There has been continued betting today against the US AUTO Sector, in a move that is starting to become as normal as betting against airline stocks.  We have increased PUT OPTION buying today in Ford Motor Co. (NYSE: F) and General Motors Corp. (NYSE: GM).
Ford PUT/STRIKE      Volume    OpInt
SEP08 $6.00 PUTS     8,421     37,802
SEP08 $7.00 [...]