Post by Deleted on Oct 2, 2017 20:25:22 GMT
Put trading exceeded call trading today, but both below 5 day avg. volume. calls 2474 and puts 2657. 57% of puts traded at bid or below, indicating more selling interest than buying interest. 98% of puts traded between bid and ask.
By far the most active call was the Jan 2018, with almost 1700 calls out of the 2474 traded. The $8 strike traded 1133 and the $7 356.
The big put trades was probably a rollover from Oct 17 to Nov 17, since 1305 of the former and 1265 of the latter traded, indicating a possible rollover of 1265 contracts. If so, the trader only gave himself 1 more month on the options, which would be unusual. You would normally look to roll out 3 months or more. But, its possible that these were totally different trades, and not a rollover at all. If anyone has further insight here, I would appreciate you posting it.
By far the most active call was the Jan 2018, with almost 1700 calls out of the 2474 traded. The $8 strike traded 1133 and the $7 356.
The big put trades was probably a rollover from Oct 17 to Nov 17, since 1305 of the former and 1265 of the latter traded, indicating a possible rollover of 1265 contracts. If so, the trader only gave himself 1 more month on the options, which would be unusual. You would normally look to roll out 3 months or more. But, its possible that these were totally different trades, and not a rollover at all. If anyone has further insight here, I would appreciate you posting it.
