Wednesday, December 30, 2009

"Heckuva Job, Janet": Options Traders Bet on Air Security (ASEI; LLL; OSIS)

I've seen the "Heckuva Job..." line at sources as disparate as the HuffPo and RealClearPolitics. Here's the New York Times' On the White House blog:
A Phrase Sets Off Sniping After a Crisis
To the list of phrases it may be best for political leaders to avoid after a major security incident, add “the system worked” right after “Brownie, you’re doing a heck of a job.”...
From MarketBeat:
Options traders are betting that stocks of companies that design airport security systems will be able to build off recent gains. Trading activity in OSI Systems and American Science & Engineering has been heavy since Monday, as shares in both companies climbed higher following the failed attempt to bomb a Detroit-bound plane. Today, traders are showing interest in buying bullish call options in OSI Systems, gravitating toward January $30 calls....MORE
And from ClusterStock:
"L3 Shares Soar, As Travelers Prepare For Full-Body Scans"