Sr. Correspondent, Broker Research, Bangalore, India
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Jan 16, 2015
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Jan 15, 2015

ConAgra event cancellation sparks rumors, options activity

NEW YORK, Jan 15 (Reuters) – Options on ConAgra Foods Inc
shares were in heavy demand on Thursday after the
company canceled a presentation at an investor conference in
February, sparking rumors of a possible deal for the company.

Shares of the company rose as much as 3 percent to $36.65
after market chatter surfaced that the company would not be
presenting at the Consumer Analyst Group of New York (CAGNY)
Conference in Boca Raton, Florida, in February, analysts said.

Jan 15, 2015
Jan 15, 2015
Jan 15, 2015

Options on Greece ETF draw bearish bets ahead of election

NEW YORK, Jan 15 (Reuters) – Political turmoil in Greece has
hit its financial markets hard, and traders in the U.S. options
market are positioning for a further fall in Greek stocks as the
country heads to a snap election that could determine whether it
leaves the euro zone.

There are few choices for investors who want narrow exposure
to Greece in U.S. markets, but one, the Global X FTSE Greece 20
exchange traded fund, which tracks the Greek equity
market, has seen more active trading in the options market as
traders position for more upheaval.

Jan 15, 2015
    • About Saqib

      "Saqib Ahmed is an options correspondent working with the Markets team in New York. He previously led the Reuters Broker Research team in Bangalore. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
      2009
      Languages:
      English, Hindi, Bengali
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