More Negative Put Action For Second Day - Ridiculous
Is this manipulation? People trying to scare the market to load up on tons of shares? Why all of the sudden after a huge run up? See article below. Im already the possibility of the stock having inconclusive results and going below $1.00, and now this.
This sit and wait game is torture. See the article below
Celsion is seeing put activity for the second day in a row.
A trader sold 6,950 January 3 puts for the bid price of $0.50 in volume below open interest of almost 10,000. He or she also bought 6,950 April 3 puts for the ask price of $1.60 against open interest of just 743, so this is a new position.
Or its a new position... write the Jan's buy the Aprils. Total cost is $1. As long as SP stays above $3 in Jan. Could be bullish.
Maybe did it against the warrants.
Maybe this maybe that.
We will never know. Well snow prob. knows. He has lots of houses.