about 3 pm, option update, lots of puts trading, 7/12/17
Jul 12, 2017 19:00:18 GMT
thought013 likes this
Post by Deleted on Jul 12, 2017 19:00:18 GMT
Interesting option action: calls 951, puts 11,481, total 12,432
Big put trading 5,624 Jan 2019 $10 strike and same number of Jan 2018 $10 strike (per TOS). If this is not a reporting error of some kind, and its legit, I'm not sure what the trader is doing. Normally you might think a trader would extend his put position by rolling out a year, 2018 to 2019. But this trade, again if properly reported, appears to go in the opposite direction. The tell is that the Jan 2019 open interest is 1565, while the 2018 open interest is 9,215. So its not possible to be a roll out to 2019.
Big put trading 5,624 Jan 2019 $10 strike and same number of Jan 2018 $10 strike (per TOS). If this is not a reporting error of some kind, and its legit, I'm not sure what the trader is doing. Normally you might think a trader would extend his put position by rolling out a year, 2018 to 2019. But this trade, again if properly reported, appears to go in the opposite direction. The tell is that the Jan 2019 open interest is 1565, while the 2018 open interest is 9,215. So its not possible to be a roll out to 2019.