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Frederic Ruffy

 
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  • Bullish And Bearish Options Plays On Sirius XM [View article]
    Thanks for the article Rocco

    Data indicate that the block of 15000 Dec 1.5 puts that traded on SIRI yesterday were sold-to-close. An investor exited the position and probably offset positions opened on 8/18 and 8/19 when 30000 contracts were opened. The stock was around $1.77 at the time and the contract was trading at 15 and 18 cents. The puts are possibly being sold on the view the decline in the stock has run its course.
    Oct 5 10:38 AM | Likes Like |Link to Comment
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