You'll discover it doesn't matter what price the stock closes at, every price will be proof that the MM's are manipulating the price. February OpEx closed at $8.37, and January at $9.77, and the same messages appeared.
The fact is that options buyers consistently lose money, then blame it on the MM's.
the response about shorts is a nonsense; the price moves towards 8 because at that point 8 puts and calls and 9 calls expire worthless (8 call only 5 cents in the money). I was short puts and they all expired, so I can sell a new batch 8 puts, exp July and August.
I don't think the price would go to 7.50 even though that would work for me.
unfortunately smart money sold $9 and $8 June calls and bought puts, then crashed the SP. From a technical perspective, looking at the daily chart, it will hit 8.50s next week. If next friday we get 2000 scripts, it would open up the move to the 9s
lfyoung, options market is the most corrupt place to be. The crooks manipulate & steal money from retails. i lost money to the manipulators, arna is buy & hold for me . These guys cannot manipulate the stock as the retails have a winner with no expiration date.
you are just now figuring that out ? this is a one post a second mb with net net of zero. behind the mb,,,, we retail longs have done our due diligence and we know what a mistake the hedgies made.we are simply NOT SELLING OUR SHARES. who cares about 8 for friday close. WE FORECAST A MULTIBAGGER FROM 8. time and patience will yield you a multibagger. close the yahoo mb and enjoy the summer. gl