Obama Web Stance Sends Time Warner Cable Puts to Record

U.S. President Barack Obama’s statements this week supporting an open Internet spurred record volume in options that protect against declines in Time Warner Cable Inc.

America needs “the strongest possible rules to protect net neutrality,” Obama said Nov. 10. The comments signaled to some investors that the government will seek bigger concessions from Comcast Corp. as it tries to take over Time Warner Cable for about $45 billion, according to Macquarie Group Ltd.’s Amy Yong.