Most of MARCH & APRIL puts (approx. 22,000) obviously owned by institutions and SMARTER pros!
Ladies, where penny junk stocks are concerned, the institutions and SMARTER pros typically only purchase the PUTS, preferably the more expensive IN THE MONEY PUTS.
That is because the SMARTER pros recognize that ALL penny junk stocks are super hi risk and so they know that the PUTS are the most SENSIBLE financial instruments to acquire.
Moreover, ladies, if they ever do take a long position in penny junk , they ALWAYS wish to offset the long position with protective PUT positions.
Only the most clueless AMATEUR DOPES hold only long positions in penny junk stocks...and as I demonstrated in the previous post, MOST calls in penny junk are ONLY purchased by AMATEUR and very POOR SUCKERS, period, the kinds of guys who have trouble affording themselves a slice of pizza....and ladies, that is an incontrovertible FACT.
Live and learn from your intellectual superiors, ladies....live and LEARN!