Looks like the Option Boys want 265.so it is written. so it will be done.
The selling is 3 times the buying but that 265 is like a magnet. Probably where they make the most money on the earnings move up, then down. Everybody needs to learn:
They make their salary and nice living trading stocks, bonds and alternatives.
Buy ferraris, 20K sq feet homes, and islands in the pacfic on options..
Take are little stock here. The premiums on both side of 270 right before earnings were huge. We had this 15pt move up in the aftermarket and then a slow sell off from that high the next day but still up 10 bucks-and the near term calls-they dropped by 50%.....as did the puts. My favotie scam here....that mysterious close right before the earnings. In 10 seconds we went from 268 to a close of 260-closing the gap on the chart. Nobody can explain it EXCEPT that because that "gap' no longer exists the algorythms will not use that price in their calculations. what a scam. These boys may have made as much as 20 million on near term options in the last 2 days...............