Look at the option chains for the stocks listed below as their option activity has seen some tremendous increase today. Typically you can see what others are thinking by looking at the option volume and perhaps see some institutional action as well. As an example, Meadwestvaco Corporation ($MWV) saw 5,000 calls go out at the
Option Expiration Week
Ah, yes…option expiry. Let the frustration begin! I love hearing stories about how people’s positions are “screwed over” by the option traders trying to pin a strike. Do pins really happen? Sure. As Adam Warner points out in his book, a good rule of thumb is the higher the volatility, the less likely the stock