it wasnt a 500 block... it was three sells.
this was actually a bearish trade. the person or persons sold the options on the bid side.
so whoever they are, they are counting on the stock going down and collecting the premium.
it wasnt a 500 block... it was three sells.
this was actually a bearish trade. the person or persons sold the options on the bid side.
so whoever they are, they are counting on the stock going down and collecting the premium.