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Imperial Whazoo

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Imperial Whazoo

Re: None

Wednesday, 12/29/2021 10:27:43 AM

Wednesday, December 29, 2021 10:27:43 AM

Post# of 44840
Hi everyone - I'm have a question -
I don't understand this message from Benzinga:
"Option Alert: Dec 31 $53 Calls Sweep (28) near the Ask:221 @$2.311 vs 589 OI; Ref= $52.695"

DWAC just saw a smash down in a lightning fast sell down. Could it be that there was a Call side imbalance so professional traders smashed the price down to force people to sell at the smash down price?

I just don't understand the message from Benzinga and how it could explain the action we just had.

Thnc.

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."

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