currently is at 15.162, while stock is rallying 3.43%.
Can someone explain this?
With cheap stocks (ie priced like an option) the ratio has little meaning. Even option traders, like me, trade the stock.
you can buy a put to have the stock put to you at that price? plus it provides protection to the downside?
sometimes it is cheaper than buying the calls...
Oilman this is day 1 stuff, gotta sell a put to get put the stock, when you buy a put you now have the right to put/ sell the stock to the other party at the strike price, come on now
Sentiment: Strong Buy
Currently at 9.00 - why so high with stock rallying?
I understand that under 1.0 is postive sentiment for LONGS, unless a contrarian view is taken.