I get a kick out of traders putting up the big ask's at 8 for the 2nd afternoon in a row. I believe their strategy is to scare peeps into selling into their bids at 6. After watching the trading for the day I'm sure they feel quite secure no one will buy them and just use their influence to try to shake loose some scared sellers. I happily added more 7's today. IMHO
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.