That is not huge amounts but buyers need to come in at a fair volume to turn green....Otherwise the option arbitrage traders will control the market today.
That has nothing to do with FB getting into China. Just a nice little feel good piece.
Kung hei fat choi.........Happy new year!
1st Facebook and China has been a want before the IPO.
2nd Facebook says they expect it to be hard to get in to China and the expect it to take a long time.
3rd After Snowden, China has been kicking out US tech.
The biggest reason is China has a different story to tell than we do. China does not want free flow of information. Facebook as well as all other tech outside of China will have a hard time capturing the market of China.
People look at China because it is potentially another billion people who can be users of any service that gets in.
I don't need a crystal ball. I just need to look at what happened a couple years ago.......FB didn't get into China. I listen to what Facebook says. I see what is happening with current tech and I look at the reason that Facebook is not in China. I am not saying it will never happen but I am just saying there is a lot that has to happen before Facebook is in China full force. It will also happen incrementally.
I don't let the shares dictate what I think. I am not married to a stock...........It would be nice if Facebook was in China but it will happen gradually and it will have to be negotiated and it will most likely be combined with another company with stake inside China.
Several years back people have said Facebook would be in China in months. Where are we now?
No buyback, no significant presence in China anytime soon. Twitter app and phone......yawn. What do you want us to mark? Neither Google nor Apple is going to buy Facebook........That you can mark.
Look at the real stuff that is good like growing revenues and stay away from the fantasy and hubris.
Its kind of tough. I am not a believer in coincidence and fall in line with statistics. I don't think they can make the trend into a straight line. They can try but there are too many other counter trades.
My trades have moved more into swing trades that are 3 to 5 days. I look at yesterday's chart and it is simply screwy. If this pattern was over 2 weeks, yeah I could see it. It appears as though when it went up the mm sold and when it went down the mm bought. This wouldn't have been damped unless the mm where trading the majority of the shares.
With only 18 million share trading, what did they have to gain? I mean they did not catch too many people with the anemic trading and they decreased the pain as time passed through the day.
Oh well, as the old adage goes.............How many licks does it take to get to the center of the Tootsie Pop....1,2,3 crunch....The world may never know............................and so goes the stock market.........We may never know.
Wow!! I was back in the days of BJT's. Tubes carry a lot of power. I wish I knew them better. I would like to design a sweet sounding tube amp.
These patterns are too contrived. I don't know who designed these algos but it is proof that true randomness cant be achieved. Throw my hat in the conspiracy theorist ring.
The chart looks like a damped oscillation. Each coil is smaller than the first. This should have some pretty good pressure. It will break either way depending on the outcome of FOMC etal.
Anyway weird pattern. Looks like a damped Oscillating RLC circuit with almost perfect sinusoids.
With any momentum, it will drop hard. It could hang and base and then we can see the mm and their shenanigans. A hard upward swing may get the stock out of pin range.
$80 is the center of it all. Then just follow the mo.
The thing is if a person wants to to cash in for instance an option which is expiring the market makers have to buy it. If you have ever written calls and been assigned, you notice that a short position is put into your when you are assigned. Also at the point where they buy back a call, they can short the stock and basically have a position where they make their nickel or dime and if the stock goes up or down they don't lose.
Its a mechanic of how the mm have to wrap options which expire today. The hard part is seeing how the options are positioned in different spreads and scenarios which may not need to be wrapped. They may just expire. What I usually look for is abnormally high OI and also daily volume. Sometimes the price just seems to fly even though there looks to be a high amount of options that need to be unwound.
There could be the big fund or institution that bought yesterday may act counter to the options market makers. Without volume we will see the market makers will pull the stock towards the higher volumes of option contracts.
Yea there Is gigantic oi all the way down to $78. It will be interesting to see if there is continuing momo from yesterday or if the big buyer is still buying. If not it will be in the hands of the options market makers.
Institutions do not buy or sell to protect derivatives. For the most part, institutions don't purchase option positions as a straight play. A short position would not protect a derivative unless it is arbitrage. The only large traders that buy derivatives on a consistent basis are those who make the market. They marry long itm calls with short positions and assign those short positions to the writers. The market makers are not institutions.
A hedge fund may short and use a derivative to protect the position ie a protective call. The cost for a straight short or long position would negate any benefit of purchasing a derivative. Only buying another derivative would be protective of a short derivative.
Its just some big institutions/funds buying. It is not really related to any news in particular.
If the same volume continues tomorrow, it could see continued gains. If the volume moderates or is low, there is a lot of pressure to pin and the OI is very high this week. Fridays have been killjoys for quite awhile but maybe FB bucks the trend.
Volume is the key!
Is that the best you have? It is pretty ridiculous and shows who you are and your mentality.
The mentality of a troll.
Now do you feel even stupider.
I am responding on a message board and you are picking the fight and breaking TOS. I am just responding to another person. Whether the trade is made is up to you to determine. You are angry for some reason and you are a troll otherwise you would not have responded.\
Mind your own business! Learn to read the whole thread which your tried to point out and mistakenly did not read further.