Post by Deleted on Jul 11, 2017 14:26:29 GMT
Calls 415, puts 103 total 518. Nothing exciting so far.
The big question today is opko stock going to hold $6 ?? Is this just a retest of the low??
Continuing to follow the big put buyer: Remember Thursday 7/6/17 someone bought 2446 July 21, 2017 puts $7 strike for 80 cents each, spending $195,000. Well, he has less than 2 weeks remaining until the $195,000 is gone. But the decline in stock price today is helping this trader a bit, as the bid ask is $.85-$1.00. He is going to need a lower stock price to avoid a loss on this trade. Its a gutsy position for sure if he is naked the puts; not as much if he is hedging his long. This trade is in the money, very slightly. Days remaining until expiration (trading days) is 9, counting today.
The big question today is opko stock going to hold $6 ?? Is this just a retest of the low??
Continuing to follow the big put buyer: Remember Thursday 7/6/17 someone bought 2446 July 21, 2017 puts $7 strike for 80 cents each, spending $195,000. Well, he has less than 2 weeks remaining until the $195,000 is gone. But the decline in stock price today is helping this trader a bit, as the bid ask is $.85-$1.00. He is going to need a lower stock price to avoid a loss on this trade. Its a gutsy position for sure if he is naked the puts; not as much if he is hedging his long. This trade is in the money, very slightly. Days remaining until expiration (trading days) is 9, counting today.