Ok time to kill the 16 put buyers. What a scam Wall st is short term
Hedgies will make 10 million today alone off of this thing. Drop it hard, kill all the call buyers from the last week...then rebound it towards 16 and get all the put buyers panice...meanwhile ...position yourself for 12 next week.
But, it is all fair and trades according to supply and demand........
fin, I know exactly what you mean. Option is to set up to steal money from both the call and put. It is almost a scam of stealing money from people legally. I do see a chance for STP to go down to $14, but not seeing the price of $12. will you be buying stp at $12 if it ever gets there? Keep posting your research and information. I enjoy reading your posts.