SEC looking at suspicious option trading before rumor of Samsung-BlackBerry talks was reported 
The U.S. Securities and Exchange Commission is looking into a suspicious surge in BlackBerry call option purchases made on January 14th. After the market closed that day, a report that Samsung was talking to BlackBerry about purchasing the company, sent the latter's shares soaring 30% to a price of $12.60 from the previous day's close at $9.71.
Call options are financial instruments that allow the buyer to purchase 100 shares of stock in a company for a set price during a specified period. On January 14th, just hours before Reuters moved the rumor on its wire, someone purchased 2000 BlackBerry ...Read More>>>>>
The U.S. Securities and Exchange Commission is looking into a suspicious surge in BlackBerry call option purchases made on January 14th. After the market closed that day, a report that Samsung was talking to BlackBerry about purchasing the company, sent the latter's shares soaring 30% to a price of $12.60 from the previous day's close at $9.71.Call options are financial instruments that allow the buyer to purchase 100 shares of stock in a company for a set price during a specified period. On January 14th, just hours before Reuters moved the rumor on its wire, someone purchased 2000 BlackBerry ...Read More>>>>>
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