1000 contracts cost $35,000 yesterday.
$2,400,000. today !
And I bought 300 PUT contracts yesterday, and sold them. what was wierd was the stock was going above 102, 103, and my PUTs were gaining
cause the implied volitility was going up with the stock price, decided i was at the wrong end of that dooky stick, funny i made money.
THANK GOD i sold.
too bad I didnt have the CALLs i was eye balling them but seriously didnt think "who would" this would pop so high.
48k this morning for every $100 bet made 2 days ago at 5 cents/option ($5 to $2.4K per contract). I've never seen a 400x + happen before. I doubt I would have ever thought of going so far out of the money, but someone must be very, very, happy. I think I read somewhere on here last night that someone got 7 or 8 options. I think there was only 300 or so sold two days ago.
I bought two of the $110 Jan strike price calls yesterday for $360 each. Today they are worth about $3600 each. So I get a sweet 10 bagger overnight. I could have just as easily been wiped out. I hold 2 Apple 540 calls yesterday that I paid about $1000 for and they are worthless this morning. My net is up.