Options In Focus: Rambus
Posted on January 13, 2010 at 17:43 PM EST
With less than two hours left in Wednesday’s session, “Fat Fingers” isn’t back in shares of Rambus (RMBS), but eager beaver type traders in the options are apparent and hitting the sell key on implied volatility. “Fat Fingers” is a reference to Street talk for a purportedly honest trading mistake by larger traders, which ultimately can impact a stock’s share price. Several sessions back, that exact excuse was used as an “erroneous trade” was said