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Post# of 34471
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chensiona

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chensiona

Re: bradford86 post# 20966

Thursday, 03/03/2011 3:44:56 PM

Thursday, March 03, 2011 3:44:56 PM

Post# of 34471
If the shorts were really selling naked calls then the interest would have to go up, especially considering that including today the last 3 days had 17k+ contracts on the $5 calls. Yet open interest is less than 2k? I'm only speculating but I wouldn't be surprised if the MM accumulated more than enough shares with all the volatility to cover those transactions in full.
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