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Intel Corporation Message Board

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  • alexander.dumbass alexander.dumbass Jan 23, 2013 2:43 PM Flag

    Hay Jerry Blown I must be sick I purchased some INTC today. I can start to see some upside. I was waiting for CNBC PETE the con man to say sell, but he never did

    One interesting area where you and I independently may have some agreement is Pete.

    You use Pete as a contrarian indicator. You sell when Pete says to buy and the reverse. Pete is Mister Optionmonster. He runs an option trading house.

    I contend that Intel is being strongly influenced by option trading. Could easily be Pete and his crew that are involved.

    I like it when Intel trades above the strike prices than below them.

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    • Option trading cannot affect price of stock , it's the other way around , look at the volumes (don't take my word for it)

      • 1 Reply to preston8408
      • The APR $25 Put contract is currently trading at $4.05/$4.15 Bid/Ask.

        Suppose I submitted an order to BUY TO OPEN 1,000 of these Put contracts at the ASK price.
        When that order is completed, I submit another 1,000 Put contract buy at the current ASK price.
        Suppose I repeat that process 100 times.

        You are saying that my action will have no effect on the share price?

        Who WROTE the 100,000 put contracts that I just opened?

        SInce there are only 6,000 contracts open now, the OMM is the one that WROTE them for me. The OMM was the seller.

        There is a good chance that the OMM will get the shares in April. He will hedge. How does he hedge having to write put contracts? He shorts the shares. My pushing 1,000 put contracts on him causes him to short shares to prepare for the 1,000 x 100 = 100,000 shares. When he shorts 100,000 shares, that might affect the share price.

        If I BUY TO OPEN 1,000 PUT contracts and he shorts 100,000 shares, it will affect the share price.
        If I repeat this action 100 times, be confident that the OMM shorting 10,000,000 shares will affect the share price. There is a cause/effect relationship.

 
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