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Market Swing After Ebola "Crisis" Has Ended - Investment - Nairaland

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Market Swing After Ebola "Crisis" Has Ended by pbmaise(m): 11:37pm On Oct 23, 2014
Follow the money.
Shares of ArcelorMittal SA (NYSE:MT) were the target of unusually large options trading activity on Monday. Traders purchased11,084 put options on the company, ARN reports. This represents an increase of approximately 132% compared to the typical volume of 4,775 put options.

I watched premarket trades carefully and found several million shares moved at the lowest price this stock has hit in last 10 years.

New reports are coming out of Nigeria that ArcelorMittal employee Patrick Sawyer intentionally did many things to try and forcibly spread the virus to staff. The reports of him spreading bodily fluids directly with intent match claims made by hospital administrator in Liberia.

The Chicago Tribune switch from calling an "abundance of caution" an "avoidance of crazy" was mirrored by hundreds of other newspapers within past 48 hrs.

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