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Uni-Pixel, Inc. Message Board

  • chofmann88@ymail.com chofmann88 Jan 9, 2013 5:04 PM Flag

    Big Options Call play

    630 20-strike Jan expiration calls traded today for 0.67 (at the ask). That means that somebody is betting $42,210 that the stock will trade above $20.67 by the end of next week (Jan 18th). They clearly expect news to come out very soon. Perhaps they were at CES?

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • This needs to be re-read and studied by all those thinking only shorts are trying to manipulate the stock. I hope you didn't get taken in by this nonsense logic.

      A Yahoo! user

    • Told u I bought some calls....;)

      OK, not all mine..;)))))...

    • 33% increase in price today, 22 pennies; you do know the mm will move heaven and earth to see that those contracts expire worthless? options adds the one thing to the mix this stock doesn't need now and that's volatility; the swings we've seen this week will be nothing compared to next week with the options now in play;

      once i was in a stock on option expiry, stock trading 60 pennies above the max pain strike price; sure enuff, in the final 15 minutes they managed to close the stock 1 penny under the strike wiping out 1000' s of calls

      thanks for the info

      Sentiment: Strong Buy

    • or protection on a short position. You can't make such assumptions... actually YOU CAN... not ME

      • 2 Replies to mrmaglue
      • wth is the differnce? protection for a short? there aren't that many pro shorts here if any and they're the only ones who would use calls to protect themselves; 630 contracts is a huge position; no retail shorts here would buy that; the retail short goofs here won't buy calls; they're day traders;

        YOU STILL HAVEN'T EXPLAINED THE 300K BUY THE OTHER DAY AT 18.95; WOULD BE PRETTY DAMN FUNNY IF THOSE BUYERS WERE ALSO BUYING THE CALLS

        does it really matter if a long buys calls expecting news that will spike the stock to 20
        or
        does it really matter if a short buys calls to protect his position expecting news that will spike the stock to 20

        bottom line someone is betting on news by next friday

        Sentiment: Strong Buy

      • chofmann88@ymail.com chofmann88 Jan 9, 2013 6:00 PM Flag

        With the stock price at 17.60, if you're protecting a 63,000 short position by buying these 20 strike calls, then you are paying 3.8% for protection, which is very expensive. Also, even if the stock does sky-rocket before Jan expiration, you're still locking in a $1.3 million loss, or 17.5% of your current cost. That is terrible terrible protection.

        Sentiment: Buy

 
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