Barron's The Stricking Price Bank Plays 10-06-2007

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In fact, some traders say volatility has been vacuumed out of puts and calls in all but one sector -- financials -- and so that's where they're focusing. The negativity in the options market is at odds with broad stock sentiment, and even with a credit-default- swap market that is increasingly recognized as a volatility determinant. This suggests options traders have become too cynical, and financial stocks could pop higher because negative emotions are defining the trades.

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