QuantInsider
What's up with $BBD today
After a solid 23% run in five days, it took a 3.8% hit
JPMorgan's upgrade and that pending R$10B capital boost had everyone buzzing
Now we've got a big player going heavy on downside protection
Someone just snapped up about 23.6k Dec 18 $4.50 puts at around $0.40, dropping a cool $946k in premium
That's over 100 times the existing open interest
Looks like some caution is creeping in
Might want to think twice before jumping into new unhedged longs after this wild ride
