Post by Deleted on Jul 18, 2017 15:09:32 GMT
This is interesting, but very low volume: calls 180, puts 0, total 180
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 a few days remaining until the $195,000 is gone. The bid ask is $.80 to $.90. Its a gutsy position for sure if he is naked the puts; not as much if he is hedging his long. This trade break even right now. Days remaining until expiration (trading days) is 4, counting today. Ignoring transaction costs, he currently has a gain of 10 cents per share, of about $0.00, assuming he could sell every option at his 80 cents cost.
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 a few days remaining until the $195,000 is gone. The bid ask is $.80 to $.90. Its a gutsy position for sure if he is naked the puts; not as much if he is hedging his long. This trade break even right now. Days remaining until expiration (trading days) is 4, counting today. Ignoring transaction costs, he currently has a gain of 10 cents per share, of about $0.00, assuming he could sell every option at his 80 cents cost.