I bought the 65/67.5 call spread based on the 67.5/70 call spread that traded 10000x. I agree it's smart money, but the chart looks like a head n shoulders, and the market is over bought. I'm hoping for news and a pump next week into the my spread range-we shall see. GL
2/15 16.00 Mil
2/28 15.86 Mil
No change really, but 45% of float short, and the days to cover increase slightly by about 5%. After trying to short MW and getting killed, I'm short a put spread. Too dangerous to own the equity on these high short interest stocks. I see a perfect short setup but could go either way.
So what. Use it to your advantage. Check out BSFT it was down 10% day before earnings on heavy volumen and then dropped an additional 32% the next day. Now that's a leak.
I have a 20/16 bear put spread that I place a couple of days before earnings. My question is, if the stock is trading below the 16 puts I sold, should I close out the position to avoid assignment?
CEO bought $437890 (reported last night after close) and he is presenting at a healthcare conference this morning at 9:20 am EST. Seems like a no brainer! Oh, plus there's about 10% short interest, so any news will make this turd float.
I don't really get what you are so upset about. What 29k, 12 put contracts exactly are you talking about? What month...all months, and weeklys'. What the f are talking about? anyway if you are so in tune with the options market, then why aren't you on the short side. You sound like a whiny #$%$. Anyway, if you really studied the options markets like I do, you would have know that the biggest trade in the last six days was a 13.5/12 put spread, which was new volume and not associated with any underlying derivative trades. So again, you just sound like a little #$%$.
Thank you Bill A. for a big fat 50% return on my overnight put spread, which I just closed out into the CNBC interview.
So, if you study put call activity going into er, like i do, then you would have seen a mixed signal on this one. Basically, the option market was forecasting a big pop, but today, one trader put on the a 1x2 put spread 2000x/4000x, 9/8. That says to me, mixed signals w/ a bias, which I don't trade before earnings. Maybe you look at it a different way. What's your method? gl
I expect downgrades to put major pressure on P tomorrow. Only thing I'm wondering about is the 1x2 ratio bear put spread today that sold 4000x 8 puts against 2000x 9s. Not sure if these guys could support the price @ 8, but I seriously doubt it, since the next days implied move is +/- 3.7, which gets us to $5.75 - what were those dudes thinking? Maybe it wal Paulson-hehe.
Question: Is the ex-div date the day after Dec. 10?
LAS VEGAS, NV -- (Marketwire) -- 11/26/12 -- Las Vegas Sands Corp. (NYSE: LVS) announced today that the company's Board of Directors has approved a $2.75 per share special cash dividend on its outstanding common stock payable on December 18, 2012 to shareholders of record on December 10, 2012.
So, I guess it was a short covering rally/squeeze. Seen it before! Plus, this looked a lot like manipulation or hfts on a low float, high short interest stock. Now, it is overbought again and the counter trend is done. This thing might have one last gasp of pump in the a.m. on monday, but after, it will resume the primary trend direction to a short-term bottom of $19.5. See you there in a day or two. gl!
Check the article at Zero Hedge on Russels 3000, and also the SPY is at the top of the channel and it printed a spinning top today.
I think it's 3:30 est at the latest. I predict a big squeeze later today!
So, short interest was about 51M on the 15th of Nov., and so far volume is @ 16M, so if ever share traded today so far was short covering, then about 60% of short interest or 30M is still short. Average vol. is 5M so it's six days to unwind the short, given a very conservitive analysis. I'd say more like 10 days at least. gl
Your'e already getting smoked and it's been less than a minute since you posted. Lets talk at the end of the day! Momo is not in your favor!