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littlejohn

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littlejohn

Re: None

Thursday, 01/13/2022 9:10:28 PM

Thursday, January 13, 2022 9:10:28 PM

Post# of 212
REI 2.74, big open interest on 2.50 and

bigger open interest on 3.00

thru next Friday settlement...


https://finance.yahoo.com/quote/REI/options


Have looked upon this as bearish

resistance from sold call sellers

that want lower settlement prices...


Might be wrong...


But the tail of the daily tape

suggests bears in the crowd...


LPI has similar option set up

at $75 and $80 before expiration...


Please don't squeeze the bears...


So we watch...LJ

Gee Beav, rithmatic isn't usually this hard to read!

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