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Re: bustingmyask post# 10853

Saturday, 01/27/2018 6:13:10 PM

Saturday, January 27, 2018 6:13:10 PM

Post# of 27416
I still think those Feb $7.5 call sellers just don't want to buy to cover/give up any shares. There are about 375,000 shares in play there right now. It doesn't take much volume to move the price of this stock, so that is why my guess is that CTSO will be under $7.5 at close on 2/16/2018. Sure, big news could could disrupt that, but we have seen price swings over the last few years over 10% in just the matter of a few hours, with no material news to justify it. A coordinated group effort could do that pretty easily with as little as 50k-75k shares in their control. I am not part of a group like that and I suspect that what is going on is not legal, but it is just part of the game I guess. I am just a small retail player. I have a core holding plus some trading shares. At $7.50 I am way up on my trading shares so I have covered calls on them.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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