Based on that options trade, it could signify an unusual drop but that would be more prone to inside trading-illegal. Time will tell...don't let huge trades scare you..most are tacticle.
Must close above 54.20-this is key!
The Alert just comes up when an unusual trade in high volume is made well over the open interest. Use the Live CBOE screen to DT outright. I consider it a precursor to how any given stock is going to move. BTW, I think we broke the down trend today...must stay and close above 54.20
GL..nice to meet you
My posts are for DT's only!
* Option Alert: First Solar January $22 Put; 7,636 Contract Trade Between Bid and Ask @$0.01; Currently $55.20
Looked good at the opening..SPY droped like a rock..looking for news!
Nothing like LIVE wires not reporting why this happened..you got to be on the floor folks!
this would be the day. The SPY has been dropping since 4:00am. 46 support for FB IMHO is firm.
Let's see the opening.
at 5000 share lot's 1 point is very well worth the DT.
This is the life in the casino..
Sold @48.16....................Vix is strengthening ..................off to APPLE
just did......it's ok now..chart screen in TOS was slow.