NanoViricides Inc. (NNVC)

[I Need Help]

I'm starting to keep loose tabs on options interest. Today was another day of hundreds of purchased Calls and no Puts.

I was at my broker's this afternoon, and asked him some options questions. While he was clear and certain regarding options basics, he was unsure of some of the issues we have been discussing on this board. He referred me to the CBOE site. If time permits, I may check into it, but this is not a high priority for me.

I still find open options contracts to be very one sided regarding NNVC (favoring calls about 9 to 1). I also think it very unusual for so many of the Puts to be in the money(over 50%). In the money Puts or Calls are very expensive, but provide greater certainty the option will expire at the strike price.

My broker tended to believe that options brokers do a lot of paper transactions, until they actually need to produce shares. By far, the vast majority of options contracts expire worthless and unexercised. These brokers may, of course, also have a pool of stock they work from.

My broker tended to believe there were restrictions for insiders to sell covered calls for interest (fees). He had never heard this practice, but was not SURE if it were legal or not.

I know this is a bore to many, but a few may be interested.

I would say the NNVC options boat has most everyone on one side. The Call side. Calls being derivatives that allow for profits when the price RISES sufficiently.