Free
Message: Re: Cool Option Activity
2
Aug 30, 2021 10:25AM

On 8/11/21 Aug 20 $17.50 calls had 27,000 open interest. 

This is another situation as last month before case ruling.

I'm not sure what you mean by join. Options are always available to buy/sell with or without a broker. Maybe you mean follow suit? 

Someone knows something or someone like a hedge fund feels they can make money. If you're speaking of buying $25 calls then I guess you're betting the ruling is in LAC favor and plan to keep until expiration? If so you need the stock to reach approx $25.15 +/- to break even at expiration.

I'm curious if you close this hypothetical position prior to expiration will it be filled with this larger entity doing the same?

I only sell options so I'm not familiar with the buy side strategies.

 

 

This activity was much greater last month. But yes this volume is high for sure. 

 

1
Cal
Aug 30, 2021 12:38PM
1
Aug 30, 2021 12:51PM
1
Aug 30, 2021 12:53PM

Aug 30, 2021 12:59PM
2
Aug 30, 2021 04:13PM
4
Aug 31, 2021 12:03AM
2
Aug 31, 2021 01:10AM
2
Sep 01, 2021 03:23AM

Sep 01, 2021 10:47AM

Sep 01, 2021 11:30AM

Sep 01, 2021 11:48PM
1
Sep 02, 2021 11:17AM
1
Sep 02, 2021 11:46AM
1
Cal
Sep 02, 2021 12:16PM
1
Sep 02, 2021 01:21PM
1
Sep 02, 2021 01:59PM
1
Sep 02, 2021 03:13PM
1
Sep 02, 2021 04:09PM

Sep 02, 2021 04:23PM
1
Sep 03, 2021 08:47AM
Share
New Message
Please login to post a reply