InvestorsHub Logo
Followers 15
Posts 2422
Boards Moderated 2
Alias Born 07/26/2003

Re: Snackman post# 199124

Thursday, 09/16/2010 9:45:24 PM

Thursday, September 16, 2010 9:45:24 PM

Post# of 249131
Options are very speculative and rather arcane for most investors. I am not at all surprised by such obvious discrepancies.
The 2.50 options are very attractive for upcoming months, but only if one has a very strong belief regarding Wave's near term progress. The Oct 16, 2.50 calls are quoted as last sold at .35 (1274). This would require faith that WAVX shares will be at least 2.85 on Oct 16.
Note there are 3 times as many Oct 16 options (4974)at $5.00 with a cost of .05 bid .10 ask.
The low option numbers in play reflect the uncertainty in WAVX SP.
Again all very speculative.
Should these option numbers change dramatically to the upside, it would reflect strong investor confidence in near term WAVX SP performance.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.