Post by Deleted on Jul 18, 2017 20:22:50 GMT
Calls 1022, puts 274, total 1296
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 $.70 to $.80. Its a gutsy position for sure if he is naked the puts; not as much if he is hedging his long. This trade is now losing money. Days remaining until expiration (trading days) is 3, counting today. Ignoring transaction costs, he currently has a loss on the trade.
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 $.70 to $.80. Its a gutsy position for sure if he is naked the puts; not as much if he is hedging his long. This trade is now losing money. Days remaining until expiration (trading days) is 3, counting today. Ignoring transaction costs, he currently has a loss on the trade.
