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AMR Falls to Lowest Since 2009Photographer: Andrew Harrer/Bloomberg American Airlines parent AMR Corp. (AMR) tumbled the most since 2003, triggering automatic trading halts, on growing concern the third-largest US carrier may be forced to seek bankruptcy protection. ... read more
AMR Put Options Fly As Stock Loses 33%, Bulls Bet On Las Vegas Sands
AMR – AMR Corp. – Shares in AMR Corp. went down in flames today, falling nearly 40% to $1.83, before trading in the stock was halted for a second time, and then a third, fourth, and fifth time. They closed the day down 33% to $1.98. ... read more
Hot Option Plays: Market Has Broken Two Critical Levels
Increasing options activity is also being seen in AMR, Focus Media (NASDAQ:FMCN), and Western Digital (NYSE:WDC). iPath S&P 500 VIX Short-term Futures (VXX) is up $1.82 to $55.19 on a volatile start to the month of October. ... read more
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