• Noodlez
    majority of $BBRY weekly puts are far out of the money. to ensure most of weekly calls expire worthlessly, stock will close below ~ $14.95
    4/24/13
    Reply (11)
    • Noodlez: on friday. at least that's what i assume. so... it might be best to go long again on friday before the closing bell to catch monday morning.
      4/24/13
    • StuartKats: as mentioned open interest on bbry opt isnt large enough to influence stock technically round numbers tend to be good areas of sup/resist
      4/24/13
    • Noodlez: True regarding open puts. Open calls aren't less though. But sure, you might be right. It happened too many times though biting my nails on
      4/24/13
    • Noodlez: Fridays. ;)
      4/24/13
    • StuartKats: FYI - generally for options to have a material impact on where a stock close, u wud need to see open interest approach position limits
      4/25/13
    • Noodlez: are you talking about selling/buying covered options? do you really think that's the majority traded and option writers just gamble? sure.
      4/25/13
    • StuartKats: mkt makers are not position traders, they trade volatility & they wud influence price delta hedging if open interest was large enough
      4/25/13
    • flatrocky: I guess you are right about $14.95. Very interesting. Like watching a movie.
      4/25/13
    • Noodlez: Someone dumped ~2million shares in 4 minutes today. The next moment you read on Twitter about a Colorado based no name equity research bla..
      4/25/13
    • Noodlez: Coincidence? The only thing unexpected was bears launched this during regular session.
      4/25/13
    • flatrocky: This time, wording of negative news is more loose, "we believe" kind of BS. But, the news spinners will dress it up.
      4/25/13