XpresSpa Group Inc (XSPA)

[Chris369145]

On the options market. Yes most are traded on the exchanges, however, big boys may trade OTC directly with trading desks. Hence we never see the trade printed because it is directly between investor and desk.

I do not think this is the case. Usually OTC trades are highly structured and customized. Things not available on exchange trades options.

Also, while there may not have been any options (large numbers traded today) if there is large open interest on certain contracts, participants could be rebalancing their delta or directional position. The more a stock moves up or down, the more dynamic the hedge will be to maintain delta neutral.

It would not surprise me if the google boys had such a hate f&$@ for vringo that they told their friends to short the stock. This thought would be insanely risky. They would be subject to the heavy hand of the sec on insider trading.

Still. 2 million share short today alone is a big number. Also the stock has such an asymmetrical risk reward profile. Shorts are essentially risking a 3 profit if vrng goes bankrupt and much more downside risk if the stock goes up to pie in the sky heights.

Next 45 days will be fun to watch.