The options board are the ones who want options
to expire worthless. If you watch options a lot look
at the O.I. the strike prices with the largest
volume are the prices the stock moves towards near the
end of the option period. The options board has the
ability to buy and sell large quanitys of stock to make
the stock move towards the strike price they have
written the most contracts at then if they get close
these contracts expire worthless or at little value. MM
know this and rarely fight the trend. Watch the stock
price of these stocks that have been manipulated to
follow the longer trend in the next week.
am watching is AUD, I think this one they wanted to
expire near $80.00. In the past week it was sold with
small lots 100 to 200 shares every time it started
moving up. If I am right these positions will be covered
next week starting on Tuesday. I look for a $2-$3 gain
in that stock next week.
I know several
people who believe stocks are manipulated during options
week. Some of them are getting quite good at
recognizing the paticular stocks and strike prices and the
make good money playing the trend.
Clst only down .25 with the market down -185 and
the telecom industry getting slapped hard. Look at
Alcatell and MOT, NOKIA and others. This stock is showing
suprising strength! We have recovered half the downside of
this morning and then some! With any kind of a rally
this last hour we could finish up.
plesently impressed with this strength.
Just because the American people would not accept
the truth is that a valid excuse to lie? I have read
the report and I think a better word would be
tolerate the truth. He knew he would be in big trouble if
he told the truth. Now look at the mess he is in, he
is certainly facing a impeachment hearing.
And the final report on Travelgate, FBI Filegate,
Whitewater and such has yet to be released.
was up a little last night when I went to bed about
85 pts or so. I haven't seen where they closed.
One thing to remember about earnings. 7 out of 10
stocks drop in price following earnings announcments.
This according to a study done by the Options
Newsletter. I think for CLST to get a big bump from the
announcement is to beat the street by 3-4 cents at a minimum.
I agree with most of your message. The one
difference is this is not private. This occured in the
Office of the President. He is a PUBLIC SERVANT and this
is his OFFICE. He might be able to say this was
private business if he did it in the residence but not in
the Office of the President.
And you Clinton
defenders, Ken Starr has not finished his report yet on
Whitewater, Filegate, Travelgate and anything else the
Justice Dept. and a three judge panel asked him and OK'ed
him to look into.
One question for the Clinton
defenders? Why do you dispise Starr for sending this report
and its details to Congress, but love the guy who
actually did the deeds?
When you defend this guy
you defend purjury, obstruction of justice, and obuse
of office. He has lied to the American people for 8
months on this issue. And 7 years on most other issues!
Do you want your kids to grow up to be just like
him? Do you trust him?
Would you allow a
employee of your to get away with this behavior?
You are obviously not a options trader. And as a
broker I would expect that you be a little more
First you said you heard that 400-500 contracts of puts
were bought. This is not control of 400K shares but
400 X 100/contract =
Second there is no $22.00 strike price. It would have to
be a $22.50 strike price.
Third buying puts
is a contrairian sign. Some consider this a bullish
sign. (I don't subscribe to much in
Fourth, spt is hardly what I would call a abv. for
Since you obviously know little about options, (and you
say you are a broker) you should refrain from
mentioning them as they are risky and others who listen to
you and think you know what you are talking about may
Tony, you said you were concerned because there
were 400 contracts of puts bought on CLST.
broker, you should know that 400 contracts OI is hardly
anything to be concerned about.
Second could it be
a hedge fund protecting the stock he just
Third how do you know the puts were bought? Maybe
someone sold the puts expecting this stock to rise. It
has broken its trend and is headed
Selling puts is BULLISH!!!
Unless you were
directly involved in the transaction you wouldn't know.
From where the strike price is (you didn't mention the
month) it could be someone is expecting a nice healthy
rise from the stock. All the way to $12.50 or $15.00?
I doubt it but it doesn't have to for the seller to
Care to comment?
Are you kidding? You think we need higher taxes?
If you want to pay more in taxes do it, open your
check book and send in all you want, there is nothing
stopping you. But don't tell me I need to pay more in
I agree that this stock is a safe haven from
Russia, Asia. No frills get "em" to their destination.
Little chance the oil going to rebound in near future
with Russia likely to start pumping out more oil. And
people here wanting to travel as cheap as possible. I'll
keep my $ with LUV...
One of the things I was taught when watching a
stock in a trend (upward or downward) was watch for the
gaps that come between the close of the day and the
open of the next. Usually you get a maximum of four in
a long trend. I think we may have gotton the fourth
this AM. This is called a "exhaustion gap" the gap
where the final frenzy of buying or selling takes place
before a reversal. Hopefully this is what we have
Also the tight spread tells that the MM are having a
tough time finding buyers and sellers. A $.03 spread is
a very tight spread. If we could close at or near
the open today and gap up tomorrow and close up
tomorrow, the shorts would take notice and start to cover.
I also see only mild institutional selling,
nothing like I expected to see after the news last
Monday. Also Thursday money flowed into this stock.
Friday was flat. That is not suprising for a summer
Friday, especially with Asia. No one wants to open big
positions over the weekend.
Whoever buys short term out of the money call
options, is buying the "kiss of death". Time just
evaporates and you are left with nothing, even if the stock
moves up, by the time you clear the spread, time
usually has run out. Thats why I like selling Covered
Calls, you are selling the "kiss of death". Time works
The lastest I hear is that the triple track near
Cozad is nearing completion, can anyone confirm this?
Hopefully we will not use this section of new track as a
parking lot. That seems to be the case near Kearney.
In a day or two these "shorts wanna be's" will be
off to some other unfortunate board. I think all in
all only down $2.00 isn't to bad. I agree that CLST
will try to come out with something positive in the
next few days. The whole market is sloppy these days
and this company must have some strong belief behind
it or we would have been cut in half today.
We have all seen stocks cut in half by SEC
investigations. Many stocks get destroyed when news like this
comes out. Small comfort but I thought we might see 7-8
on news like this and the way the market punishes
bad news these days. For this stock to be where it is
only down 2+ is a positive. I hope we get all the news
and the scope of the investigation out this week so
we don't get a double shot like Cendant did