First American (FAF) shares having sliding all day are now down $3.50 to $21.32 and option volume is picking up and is now 4x the daily average and . The order flow is mixed with buying in June $20 put and buying of July $17.50 put but selling of July $15 put. IV is basically flat on the day.
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First American Corp (FAF) $21.46 -13.61%
Posted on May 28th, 2009 2:25 pm
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