99.9% of way out the money options expire worthless.
Whoever bought the $17 calls is an idiot.
He should have just flushed his money down the toilet.
Ummm maybe not, they could have a spread trade and they would be making money!!!!!!
yeah all the calls i wrote for Jan. expired $$$$$
Those who bought $125 calls on NFLX yesterday or earlier this week for as low as $0.03 are now worth over $24!
$0.03 to $24 in a day!
How do you know they were bought, and not sold?
Sentiment: Strong Sell
someone smartly sold all those $17.00 calls
Sentiment: Strong Buy
Pretty sure if a person is capable of making money to the point of being able to spend it on such a high call, they are not idiots... I am 100% sure they have their own good reasons for buying those calls.
Ya can't flush that much paper down a toilet without pluggin er up.
What a foolish pump.
It just means that there are idiots out there.
you seem to be as smart as the toilet. Option buyers are usually sophisticated ones, at least in big buys and have a reason
Idiot? Remains to be seen.
Could be someone that may have gotten wind of Phase III results.
Phase 111 results should come before all this other stuff going on shouldn't it? Or am I nuts.