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Tuesday, 09/14/2021 4:36:20 PM

Tuesday, September 14, 2021 4:36:20 PM

Post# of 734357
todays market sell off was all about option expirations due this friday... to understand the coop fall off in share price, one must understand that the MM pushed the price of coop up into the 41 dollar range last week, and the 40 dollar strike price showed a huge premium to sell the call options.. there were over a thousand open call positions at the 40 strike price... eager option buyers bought those calls in the hope of cashing in at the higher 40 dollar level this week with the supposed good news coming out of todays presentation by coops corporate officers... of course, the sellers of the call options did not have the shares to deliver at the 40 dollar option expiration this friday, so they squashed todays price down to the 40 dollar level to kill delivery....interesting is that they cleaned up on the september 40 strike option, and now the october 40 strike price is cheap, and they will buy them today, and sell them next week to buyers next month... the retail raping goes on, month by month with coop players in this stock who know nothing as to why the stock yo-yos up and own each month...learn options, and do as they do to make monthly profits... Lodas
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