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Apple Inc. Message Board

sirbenjonson 1 post  |  Last Activity: Dec 17, 2014 11:17 AM Member since: Jul 15, 2010
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  • Open interest on weekly SPX calls is large and the overall market keeps trying to move up today. However, from following the tape, it's fairly clear that a few Wall Street firms - most likely the writers of weekly SPX calls that have an AM settlement this Friday, are attempting to manipulate the SPX and SPY down . . . each attempt by an option writer to sell the market to undermine the value of options they've written (sold) is a felony under U.S. law. You'd think by now - the practice has gotten to the point where it's pervasive - that the SEC and DOJ would be all other this form of institutionalized fraud . . .

117.16-1.74(-1.46%)Jan 30 4:00 PMEST

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