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The Blackstone Group L.P. Message Board

  • carolyn_novice carolyn_novice May 1, 2013 8:48 AM Flag

    Call Options and Volume BX @ 21.55

    Option Expire May 17, 2013
    20 Call Option
    Last = 0.90
    Outstanding = 2.356 or (235,600 Share)

    21 Call Option
    Last = 0.38
    Outstanding = 10,295 or (1,029,500 Share)

    April 30, Volume = 3,462,100…….Low Volume
    90-Day Average Volume 5,040,536

    Is it Low Volume Consolidation or Distribution?

    Institutions are busy writing 21 Call Option, while selling stock in the in 20.50-20.60 Range.

    Eventually stock has to breakout with higher volume, if so which direction, please keeps an eye on May 20 and 21 Call options Outstanding Volume.

    On May 6, 2013 Stock holders get dividend and on reinvestments plan it creates artificial demand. Arbitration, will tale place before the end of this week, many will sell stock as there holding increases, others it is buying for automatic dividend reinvestments.


    Carolyn Novice

    Sentiment: Hold

25.38+0.34(+1.36%)Oct 26 4:01 PMEDT