Post by Deleted on Sept 13, 2017 12:38:10 GMT
Yesterday Zacks posted ( finance.yahoo.com/news/options-market-predicting-spike-opko-123612285.html ) an article saying that the option players are predicting a big move in the stock because of high implied volatility in the Sep 15, 2017 $10 calls.
While I wish Zacks was right, I think this is a computer generated article, and is WRONG. Here is why: There was 0 volume yesterday in the Sep 15, 2017 call options. So the article is referring to the big trade (16500 calls) on 9/11/17 which I flagged on this board (see Final 9/11/17). It was a rollover from Sept 2017 to Jan 2018. It is therefore meaningless, at least as far as an indicator for this week is concerned.
Frankly I'm surprised, not in a good way, that Zacks would allow either their software, or a real employee, to so mischaracterize the true picture. Perhaps Zacks feels that any press is good press.
While I wish Zacks was right, I think this is a computer generated article, and is WRONG. Here is why: There was 0 volume yesterday in the Sep 15, 2017 call options. So the article is referring to the big trade (16500 calls) on 9/11/17 which I flagged on this board (see Final 9/11/17). It was a rollover from Sept 2017 to Jan 2018. It is therefore meaningless, at least as far as an indicator for this week is concerned.
Frankly I'm surprised, not in a good way, that Zacks would allow either their software, or a real employee, to so mischaracterize the true picture. Perhaps Zacks feels that any press is good press.
