From Jan . 29to Feb. 20, Seema and Sunil Seghal, who are believed to be British citizens, bought several hundred TXU call option contracts, which expired in March and April 2007.
Joseph Penna, an associate of a former AT&T labor relations executive, Charles Brumfield, settled Securities and Exchange Commissions allegations today that he earned $36,671 in illegal profits on call option contracts bought with inside information about a planned acquisition by the AT&T Corporation.
He's playing the move with options, going long six SPDR November call option contracts at the 106 strike.
Call option volume of 4,100 contracts at the near-term October 50 strike rose to seven times that of existing open interest at the strike of 580 lots.
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On Wednesday, the SEC charged Yue Han, an associate in Goldman's Surveillance Analytics unit, a piece of its wider compliance department, with misappropriating information on the pending takeovers of Zulily, KLA-Tencor, Yodlee and Rentrack to buy out-of-the money call options contracts on those companies, which paid off when they were acquired.
Investors expecting Amphenols shares to continue to rise in the near term purchased in- and out-of-the-money call options in the February contract.
Investors anticipating continued share price appreciation through expiration next month scooped up in- and out-of-the-money call options in the June contract.
Options investors scooped up call options in the October and November contracts, exchanging more than 4.5 calls on the stock for each single put option in play thus far in the session.
