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Silver Wheaton Corp. Message Board

  • kazansky_98 kazansky_98 Nov 8, 2013 1:26 PM Flag

    weekly 21 puts

    loaded up on a flyer on these 2 cent puts, see if they can go out at 10-20 cents on the close for a home run. Looking for this guy to dump a couple of million into the close before earnings. Its a cheap shot at a total cleanup as those 22 puts for next week have doubled in 24 hours

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    • Looks as if the first higher low is in place ?

      • 1 Reply to sharpie3444
      • Who knows, it has been stronger today than late though. Just depends on this seller and how much more he has left to dump before earnings. I would say your odds are 50/50, LOL. Maybe 60/40 since since I have seen more actual bids today than any time in this downtrend. I would say they could be shorts covering before earnings, but the short interest is too small to make a difference. I think it may be new buyers stepping in to take a gamble on earnings. We will see if they are traders or institutions on monday. Mondays trading will tell us a lot about the makeup of the float and thus how aggressive to be with hedging or removing hedges to take advantage of a move off a firmer bottom.

 
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