Some people should be put in jail for this one. On Feb 13th - Feb strike 40 puts - vol - 6,460 @10/15
cents. Today - stock @$32 Put options worth 8.00. 100 options cost $1,500 Sell the next day @8.00 = $80,000. Can you imagine if you bought 1,000 options. The news wasn't released til after market close. Somebody sure made a killing..
I'm now starting to watch for high vol - days for options about to expire. Maybe 1 week out. Buy 100 @ .15 and sell @ 4.00 or 6.00 a few days later.. Lets all keep an eye out for these types of trades & inform each other on this message board. Why should the insiders make all the money? We could this and talk about normal option trades.