U.S. move to end private prisons hurts shareholders, but rewards some options traders

By Saqib Iqbal Ahmed and Rodrigo Campos NEW YORK (Reuters) - News that the U.S. Justice Department plans to stop its use of privately operated prisons hammered the shares of prison operators on Thursday, but some options traders made out like bandits on the news. Shares of prison operators Corrections Corp of America and GEO Group Inc fell more than 35 percent each, posting their largest daily declines on record volume following the DOJ announcement. The past month was the busiest ever for CCA o