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Options update 1-10-08: CFC options in fast market amid talks with Bank of America

Countrywide Financial (NYSE: CFC) is trading up 98 cents to $6.10. Dow Jones News reported Thursday that Bank of America (NYSE: BAC) is in advanced talks to acquire struggling Countrywide. CFC is expected to report EPS on January 29th. CFC options are in fast market.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

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Last updated: November 11, 2009: 08:57 PM

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