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Re: trebeg post# 2164

Friday, 11/17/2017 9:35:24 AM

Friday, November 17, 2017 9:35:24 AM

Post# of 2538
I also agree with the buying on the rumor selling on the news an additional factor. There are always many reasons happening at the same time. If the price closes in the 18-20 range today. Whoever the people were that sold 3399 at 18 put contracts and 1643 at 20 call contracts will be able to keep the premium they charged. Could easily be 1 million to those people. And I would imagine the retail investor doesn't sell the majority of these contracts. I believe in everything your saying they will let it ride up for a while. Until more games are played. Hell we all know we should be in the 25-30 range now and definitely in a year. It can be frustrating at time.
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