SINA is hit hard due huge amount of call intrest until Jan 13 Op Ex. The big boys have shorted by selling calls at juicy premiums all the way from $40 strike price upto $100. Just look through open intrest. It is tons of money at stake. It can not be naked shorting, plus now sellers are not caring about closing call intrest, when these dirt cheap, tells how sure they are where the price is going to be until Jan 13 Op Ex.
Some idiotis like myself are still falling for bait and buying these calls now below $50 strikes, hopping for a run atleast till $50.00. It is likely a dead money until January. I have been more worng than correct in my assesment about a given stock's direction. But this is first time I would rather be wrong than correct before preferably Dec Op Ex. Even before January's Op Ex may get me out of the hole.