BGC’s Woodard: “Net Neutrality” Sparks TWC Put Flow
Nov 12, 2014
President Barack Obama’s Title II “net neutrality” announcement on Nov. 10 sparked significant selling in the telecom sector, sending Time Warner Cable (TWC) down 3.4% from its morning high. On Nov. 11, TWC saw substantial options activity with 65,412 options traded, or nine times the average one month option volume of just over 7000 contracts.
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