Large bearish Puts were purchased on $11 for November and this Friday as some investors are not sure that MBI can reverse trend.
How do you know that they weren't sold? Don't make assumptions with options. I see it as a bullish bet.
Sentiment: Strong Buy
My program shows green(buy) and red(sold).
I agree. The OptionMONSTER is also back; it found 4,000 May puts @ the $7 strike. It thinks they were an open-to-sell position.
Tom and Slee
Either way somebody has to sell and and somebody has to buy the puts here. How can we ignore the other side, why do we have to take only buy or only sell, am I missing something here?