On a morning where cable has performed pretty well (presently at 1.5065) it seems a little strange to be reporting a little bit of scuttlebutt thats been heard in the market. Apparently, so the story goes, a U.K. clearer has bought a chunk of year end $1.2500 cable puts. Make of it what you will. I just hope it’s a bad call, because if it isn’t then my clothes purchases from LLBean (golly, how i love that company) sure are going to become expensive!!!!