Super heavy call spread volume going on here on 12-12-12. Need to watch. 2/3 ratio 30/40 Jan 13 call spread...over 900k volume. Insanity. Might close out puts if heads lower. Not risking too much in this one.
Geelouis. MRK low @ 42 today (12-20-12) on failure of ONTY drug yesterday. Excellent short if held. Should have seen some odd sign coming because MRK was trending lower when the broad markets were strong last couple. Note.