somethings going on..strong all day, then sell off on light vol...MM's know... over 25,000 June calls bought today
1.5 million wagered today on higher stikes...controlling over 2.5 million shares..somebody is putting down huge wager well above today's close...very good to see...just maybe this will finally be taken out...MM's always push it down prior to the announcement...they always' know first!!! why else would this sell of late in the day after this huge calls were purchased ????? I'm going to hold for now...June is not far out
sell off on light volume? OK...whatever you say. Institutions finding an out. Bye-bye.... It has been game over for wlt for about a year now.....so don't let the beating heart fool you.....its on life support.
light vol was end of day vol, 8 million shares traded prior to the push down...and huge calls were bought out of the money...stocks already up premarket half of the drop...total manipulation by the big boys taken out us small frys...jessss it's tough to hold stocks with so much vol
You read too much into it. What happened was that people are getting nervous about the market has been pushing into record territory (WLT didn't really anticipate in this recent highs). They decided to cash out while they have some gains before the market correction.