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KCSVEN

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KCSVEN

Re: Mellowmood77 post# 211928

Friday, 08/30/2019 12:54:08 PM

Friday, August 30, 2019 12:54:08 PM

Post# of 430421
Risk reducing bear spread, the fact they did it for October seems weird. Wonder if there is more to this play outside these 2 Puts.

Remember when all the high volume calls were bought for $30 and up and all those others in the 20's? How'd that work out?

I wouldn't concern yourself with any option spread or high volume Put or Call plays this far from any news. Most of the time it is some form of hedging strategy or some overall strategy that we are not privy to.
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