MM been monkey hammering the $95 calls all day. Anytime it gets a bid they sell then drive ask down a nickel.
easy to see this stock is 100% not going above $95 by tmrws expiry.
i expect they sell the 95 calls down to $0.20 or lower by EOD
MM has unlimited access to amount of option contracts they can sell. 100% no doubt they are going to force this stock to close at $95 or less by tmrw. Waiting to see if they start stepping all over $94 puts.
NFLX volatility is dead for this option week. MMs made over $100 million selling NFLX options this week. probably headed to Hamptons now
MMs knocked out $80 million of option premium on that pump and dump. Not a bad 15% return on over $500 million in total option value.
stock is basically where it was yesterday, except MMs have $80 million more in their pocket and crackpot option buyers are out $80 million.
Puts expiring this week are valued at $97m and calls expiring this week are valued at $4m.
Now which way do you think the banks are going to push this stock into Friday with everybody betting on a big Apple drop this week?
Today's % loss ranks in top 15 for biggest daily % loss.
In addition, 11 of the 14 other worst days were followed by more losses ranging from 1% to 23% and averaging 8%.
you could actually get useful information from the internet with no commercials.
I also remember when you could buy options and have a chance at profiting if held for a week or longer. not anymore. banks initiate option contracts and they sell it from day one until expiration. market is so rigged letting banks sell derivatives without impunity.
anyway bury this along with other drivel on this message board and it is reason yahoo should be out of business. there is zero useful information to be found here anymore. nflx message board is 10x worse. yahoo should just shut all these forums down.
and NUGT doesnt appear to crack $108. Looks like their must have been a lot of call buying on the index or the individual gold stocks and the bankers going to keep their option premium.
I been trading a long time and remember the days you could buy options at 9:15. Now the TBTF banks that never should have been allowed back into investing and their mama Yellen has the option market sewed up.
This stocks volume will far exceed any option open interest at the open and will easily cross $50 by 9am.