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Re: XenaLives post# 49585

Saturday, 09/17/2022 7:13:16 PM

Saturday, September 17, 2022 7:13:16 PM

Post# of 60378
I agree, and I'm not fluent with it either but it makes sense that call options would have to be exercised or they would expire worthless. So although they weren't cashing $4 options at a significant profit they were still able to exercise the option and convert the shares. They're also a couple of massive trays that I'm sure had nothing to do with options. That said the conversion could be for a massive sell-off on Monday morning to try to push the share price down then buy some more options or buy back in. That's why the traders drive me nuts. It creates unnecessary volatility. Expect a big move Monday morning one way or the other. That's my opinion. But the only way any move is sustained is on the rise a drop in the price will be temporary, which could turn out to be through the week but it will still go back up. We're an upwards move could be sustained for an extended time, just like the 3-month run we had end of 20 into 21.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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