trading is limited to option expiration as our nation's gambling banks with 300 trillion dollars worth of derivative exposure must manipulate every market every stock every day and the USG is eager to help in our "free" market because after all 300 trillion is too big to fail no matter how you slice it. all excess stocks going into dark pool will either get sold or bid on monday. after hours will give clue
HFT robot algorithms are so arrogant. they have stated that the stock will not trade above $10.05 or below $9.92 for the final 30 mins. the robots already know all the open orders and dark pools available for limiting the stock. they will let it run after the close and monday again when they settle the dark pools and begin anew at jacking up weekly option premiums. welcome to the most rigged game on the planet unless you are a bank.
No but i have heard and seen computer robot trading algorithms. Earnings releases are mainly advertised on tv to sucker in retail then all day long the robots spike options premiums only to unwind them at end of day. If I could sell options without holding the stock, I would be just like the banks, able to manipulate stocks and never have a trading loss day ever again.
all the algorithms already know where price is going to close. when was the last time you saw a stock move on an earnings report. Sure NFLX moved this year but that is one stock out of 4,000. Everyone and their mother knows when earnings reports comes out. It is always a non-event. Stocks dont move on non-events.
Most of the orders from brokerage firms are routed through a few HFT firms who get first look at all orders. They pretty much know the underlying demand and supply and if not they can funnel it off to dark pools until after option expiration. It is a rigged game you are playing.
If you have options in the money and dont have enough money in your account to purchase the underlying, then etrade and other brokerage firms will sell them for you between 230 and 400PM. They may or may not give you a complimentary phone call.
The last thing that want is an option trader with $3K in their option account getting exercised for $500K worth of stock that they cant pay for.
For every one out of the money option that goes up on a Friday, there are 900 losing all their value. It is like announcing to the message board that you bet on black.
My two favorite message topics in Yahoo.
1) Scalpers announcing their $0.50 scalp on a $300 stock at exact highs and exact lows
2) Option traders announcing their 1,000,000,000% gain after 99 straight losses of 100%
Nurses deal with AIDS, pneumonia, flu patients all the time and do it without wearing haz-mat suits. They dont seem to catch these "hard to transmit" diseases. Is there a new definition for hard to transmit which means haz mat suits needed and then decontamination of housing, killing of pets, destroying clothes worn days after the fact, burning bodies, or putting in coffins with medical equipment still attached?
I may be old but this "not easy to transmit" is not adding up considering all the precautions.
Stop with the APT LAKE or LAKE APT. The correlation of these companies is very high. Both of these companies can rise. It doesnt have to be one or the other.
Stock is down $10 since noon yesterday when the insiders first got the whiff of the downgrade. Now they are spending their morning buy the same shares they sold yesterday (probably short) for a nice 10% profit in one day.
I yearn for the days when the markets werent so tightly controlled and manipulated by robots, HFTs, and hedge funds. The pure unimpeded manipulation in the market rivals the market of the 1920s. There is no chance for the little guy to make money.
Stock doesnt drive option prices. The option prices drive the stock. Stocks are actually a derivative of options.
or turn into $0 in two days. just take your 56 to casino and bet on black. much much better odds than buying otm options
Everyone could see this selloff coming thanks to Friedmans comments of basically throwing TKMR under the bus. Then you have Dallas patient taking a different experimental drug this morning that received approval recently. It was a double whammy. The downgrade had nothing to do with it. The stock was going to fall regardless and it will stay down until Friedman's remarks are clarified.
the market tomorrow will tell us how to interpret the CDC's comment about too difficult to take. Is it hard on the patient or difficult to take due to limited supply? Insiders and their buddies know the answer including congress and government bodies. Their buying or selling will answer for us. If TKMR opens down and stays down all day then time to get out. If it rebounds and goes above $30 then just buy and ask questions later.
You can bet your last dollar that any experimental drug that works will first have a supply for essential personnel (doctors, others in the medical profession, police, congress, military, etc) before the general population. For the general population, it is "going to be difficult to take".
Since supplies of the other treatments are difficult to make then you can bet any future treatment will be under lock and key even from the patient. The government can not let out which treatment works and who is getting it.
goes from 29 to $300. similar to move ICPT made in one week when they went from $66 to $500.
Doesnt Tekmira have some results on their other drugs coming out next week? If so this stock could tank or it could fly based on those results as most biotechs do.
is the air being let out of the decaying asset weeklies. Both otm calls and put buyers will soon understand what it means to own a decaying asset. say goodbye to your 2000% gains. Be sure to post and tell us how you are now down 75%-95%. Such is the life of a gambler.