European stocks wilt after Saudi attack, though oil shares jump

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Call Buying Activity in BP plc (BP) Targets Short-Term Volatility in Shares Following Weekend Attack on Saudi Refinery -Susquehanna

September 16, 2019 2:55 PM EDT

Susquehanna options strategist Alison Edwards notes short-term volatility buying in BP plc (NYSE: BP), as s oil prices spiked amid fallout from the weekend attack on a Saudi refinery, investors bought 45k Sep 41 Calls and 8k Sep 40.5 Calls. The investors buy short term volatility, suggesting... More