Options Flow Summary and Unusual Activity Alert: Chubb Corp (CB)
Chubb Corp (CB)
By mid-day today, options on CB had traded 10 times its usual volume.
Approximately 12,000 contracts have changed hands thus far, compared to its 22 day average of 1,182.
89% of the flow is characterized by put buyers.
The ISE sentiment shows about half of the volume which has traded on the ISE to be customer opening buys.
Other than the obvious effects this soft market has on property and casualty insurance companies, no other news has been cited to prompt the bullish sentiment.
Posted By: Trade Alert
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About Ellen Spiro
Ellen Spiro brings nearly 20 years market experience to her position as Vice President of Sales & Marketing of Trade Alert, LLC. Her background includes Fixed Income Derivatives trading at Deutsche Bank and starting up a similar desk at West Deutsche Landesbank as well as securities industry consulting for Coopers & Lybrand. Her current role puts her in direct contact with many of the largest participants in the equity derivatives field.
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