Post by Deleted on May 5, 2017 22:22:35 GMT
The high volume came after the first two hours. Interesting trading to report. Total options 8927; calls 8632; puts 295.
86 % of the calls traded at or above the ask, showing buy demand, not sell demand. Does somebody know something? Or does somebody THINK they know something?
Here is where the heavy activity was:
1. calls expiring today only 10 traded (so much for my prediction of heavy rollover trading)
2. calls expiring next Friday, 442
3. calls expiring 5/19/17, in 2 weeks, 133 of the $7.50, and 5,621 or the $8.00
4. calls expiring 5/26, 20 or the $7.50 and 1,723 of the $8.00
5. calls expiring 6/16, 165 of the $8.00, 5 of the $9.00 and 384 of the $10.00
Not only is someone expecting an up move, over $8, but they are expecting it soon.
86 % of the calls traded at or above the ask, showing buy demand, not sell demand. Does somebody know something? Or does somebody THINK they know something?
Here is where the heavy activity was:
1. calls expiring today only 10 traded (so much for my prediction of heavy rollover trading)
2. calls expiring next Friday, 442
3. calls expiring 5/19/17, in 2 weeks, 133 of the $7.50, and 5,621 or the $8.00
4. calls expiring 5/26, 20 or the $7.50 and 1,723 of the $8.00
5. calls expiring 6/16, 165 of the $8.00, 5 of the $9.00 and 384 of the $10.00
Not only is someone expecting an up move, over $8, but they are expecting it soon.