Petrobras is the most indebted oil company in the world, and low oil prices have made the debt burden – which stands at about $130 billion – increasingly difficult to manage.
Ending the week at $690 even (or lower).
MY POSTS ARE MY OPINIONS.
They'll get assigned on every put they sell which will cause a cascading effect of more & more sellers.
As they are "assigned shares" they'll be forced to sell those shares that were assigned.
This is my own opinion of what's about to happen to AMAZON put sellers.
stk, you are about to lose your #$%$ here.
i have been a trader since the 1990's and you are about to learn something about "break-downs" (happening right now).
i posted the trading action for this week here for all to benefit but don't think i'll keep giving away secrets, nor will i leave them posted for very long on these message boards.
My posts are always my own opinions.
Watch and learn something this time people.
That's the temptation/risk that put sellers are now facing in a high risk market (overbought).
In order to save their losses they use very tight stop-loss orders and sell assigned shares on the open market in order to raise cash positions. When the short sellers are 100% satisfied there are no more buyers and the slide lower continues.
Remember when no one knew why the "flash crash" happened years ago? Well, I knew the answer but no one asked.
So I simply trade and I very much enjoy trading.
Make a ton of money v.
FYI, I loaded-up on put options this week in many equities (That is, across the board).
you simply do not know stock trading, or stock investing.
you NEVER buy a "break-down".
you "sell" a break-down.
computer algorithmic trading programs are already keen to all movements(they are ALL selling right now), so they always take away all of your money.
they have been way too greedy by selling tons of put options to unsuspecting buyers but every once in a while they get their rears handed to them on a plate for scamming the common people.
some big fund managers also feel it is perfectly fine to sell worthless calls to unsuspecting buyers.
a flush for certain big money managers is very good for all markets. and i enjoy constantly taking away ALL of their money.
Dell crushed it own stock because Mr. Dell was about to buy his entire company and to take it private. Few understood why they were growing sales but the stock kept on going lower & lower. If Bezos wanted to eventually take Amazon private he would be selling it into the ground just like Mr. Dell was doing.
Happy investing/trading to all who dare!
sold them for a nice gain sukka.
you should have listened and you too would have saved yourself a ton of money.
and made a ton of money too.
I am a professional options trader.
Learn something okay?
Happy weekend to all.
Enjoy my knowledge because it's unusual for me to post it.
I'll delete it within weeks (or sooner).
Learn something while you can people.
You'll arrive at $690.
This is how I always know the close before it happens people.
Here's how and why this always happens...
People going home early so fewer bids.
Greedy MM's start to sell all positions into the "fade".
Algorithmic trading programs start to cascade "sell" positions.
Automatic trades of expiring call options positions that are "in the money" always cause a nice slide lower.
It's all a ton of fun.
Hope you were able to make money on my posted directional insights (from a professional options trader).
I know you're mad because you lost on your long call options positions today.
TOLD YOU SO SUKKA!
In receivership, a troubled business is placed in the hands of an appointed supervisor--the receiver--who's responsible for handling financial matters. Receivership is a common feature of Chapter 11 business bankruptcies, which allow companies to request a court's protection from creditors and to restructure or eliminate their debts. Other forms of bankruptcy, including Chapter 7 and Chapter 13 personal bankruptcy, involve the work of a court-appointed trustee. A receiver is more directly involved in the management of assets than a bankruptcy trustee. Receivership may also occur when a public agency, such as a financial oversight department, decides through a court-ordered mandate that a company or bank requires hands-on supervision.