Seeking Alpha
  • Noodlez
    let me cite some twitter: "Ok $BBRY gap closed after all. Can we go now?" i second that. upgrades and boosted PTs -> flat?
    4/2/13
    Reply (17)
    • mzim88: We usually see more movement for this kind of volume.. Seems like a tug of war lol
      4/2/13
    • oneinfiniteloop: IMO, the fun is going to be back in the stock this week - the shorts won't be let go easily for dropping this stock like a stone.
      4/2/13
    • mzim88: I would agree . Earnings report took away from a lot of negative speculation. I would think good volume with little change shows this
      4/2/13
    • Noodlez: when you look at the option chain, you can forecast the stock price on friday's close. http://bit.ly/16j3cHe
      4/2/13
    • Noodlez: the big guys (option writers) just know how to move stocks to their favor. ^^
      4/2/13
    • mzim88: Interesting, I am an amateur investor and never really looked into option calls as a metric. I'll do some research, thanks.
      4/2/13
    • Noodlez: yeah, go for it. whenever you ask yourself why stock prices don't close as you expected on a friday, check the option chain. happened to
      4/2/13
    • Noodlez: $AAPL, $V and $EBAY sometimes when large option volumes expired.
      4/2/13
    • ArZa: Noodlez: can you add some colour to your comments about options and closing price? perhaps an article/link.
      4/2/13
    • Noodlez: what articles should i reference? just keep an eye on the days when options expire and check the underlying's price. $BBRY on thursday was
      4/2/13
    • Noodlez: a good example. the stock should have surged, but dropped to the zone where most calls/puts expired worthlessly.
      4/2/13
    • Noodlez: this $AAPL incident was just a more famous example of many. http://buswk.co/Zy2GAS
      4/2/13
    • Noodlez: @arza don't get me wrong. i don't believe much in conspiracy theories, but i believe in the power of the big sharks.
      4/2/13
    • oneinfiniteloop: The problem is you will never get to see the exact Put to Call open interest - so you can only guess. Only the market makers have that data.
      4/2/13
    • oneinfiniteloop: The market makers use different tools like bid/ask spread, adjusting the premiums, etc. to nudge the markets. This is a game they know well.
      4/2/13
    • oneinfiniteloop: When somebody calls 16% movement on $TSLA motors with 50% short interest as a short squeeze I can't but laugh at it.
      4/2/13
    • Noodlez: yeah, 16% is a joke and not a squeeze...
      4/3/13