The United Auto Workers (UAW) initiated a strike at midnight on Friday, marking the first instance in which the UAW has simultaneously walked out at all three major Detroit automakers. Surprisingly, the unusual options activity observed for the stocks of these three automakers suggests that investors are not particularly bothered by this development. However, it is important to note that this sentiment may change in the future.
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UAW Strikes: Investors Show Lack of Concern, According to Unusual Options Activity
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