Post by Deleted on Apr 21, 2017 20:13:17 GMT
Total option trading picked up today, an option expiration day. Total options: 5715; total calls 888; and total puts 4827.
Roughly 4600 of the put trading represent a roll over of the $9 puts expiring today to the $8 puts expiring May 19, 2017, just one month out. This is someone wanting to keep a bearish bias on Opko, or a hedge against a long position (representing roughly 230,000 shs), for an additional month.
Roughly 4600 of the put trading represent a roll over of the $9 puts expiring today to the $8 puts expiring May 19, 2017, just one month out. This is someone wanting to keep a bearish bias on Opko, or a hedge against a long position (representing roughly 230,000 shs), for an additional month.