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Cytokinetics, Incorporated Message Board

  • mccraigslist100 mccraigslist100 Jul 24, 2013 2:04 AM Flag

    Anybody follow options on CYTK?

    What do you guys think of the high put/call ratio? A lot puts compared to calls, ratio is around 1.2

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    • The problem with analyzing puts and calls is this:
      Mathematicians working at hedge funds and high speed trading desks devise algorithms that factor in thousands of trading combinations for both options and stocks, in a single stock symbol or baskets of many. We mere humans can only consider a few dozen combinations. My best guess is that the call/put action represents hedging strategies. Remember that hedgies and HFT desks grind out incremental profits nearly every day and don't have to score astronomical profits, which is the dream of small biotech(myself included) speculators.

 
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