Zion Oil & Gas Inc (ZNOG): Porgie as our resident option expert, co...

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Re: Porgie Tirebiter post# 34733

Friday, 11/08/2019 11:32:03 PM

Friday, November 08, 2019 11:32:03 PM

Porgie as our resident option expert, could you please help explain to me how the sellers apparant single sell to open of 200 call contracts filled at so many varying prices over several minutes without the ask ever dropping below 10 cents the entire time? The seller was willing to sell at market but the ask remained at .10 cents when even several of the 1 cent buys went through! All brokerage firms require retail plebes to put buys and bids in at 5 cent interviews - if the seller sold his calls at 1 cent and the ask stayed at 10 cents the entire time my question is why wouldn't his ask price have been dropped to .05 not .10? Thanks in advance for any help :)

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