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Re: Steady_T post# 413993

Thursday, 05/18/2023 8:56:48 AM

Thursday, May 18, 2023 8:56:48 AM

Post# of 461947
Steady_T, sorry I missed this post earlier. You might have already noticed that the open interest has increased by the volume (around 3K), but just clarifying....
the 18 were the open interest from the earlier day and the 3K volume on that day (not reflected in the open interest when you checked I think) are the new ones that are opened. I am not sure why the position was opened...anticipation of NEWS around earnings or to provide additional leverage for some new long positions or short covering (maybe). Let's see where the stock closes by tomorrow (option expiration).

-vg_future
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