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Two trades use 'delta neutral' strategy
June 17, 2009 Wed 6:03 AM CT

Large call purchases were made in Interpublic Group and Taiwan Semiconductor yesterday as investors used  a strategy that counts on volatile stock prices.

optionMONSTER's Heat Seeker monitoring system detected the purchase of 30,339 October 7.50 calls on IPG for $0.35. The trade was matched by the short sale of more than 700,000 shares at $5.68 about three minutes later. Volume...


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