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Re: gortclatu post# 324

Thursday, 11/21/2013 10:28:19 PM

Thursday, November 21, 2013 10:28:19 PM

Post# of 3043
That volume and ramp was all about burning the NOV 2.5 put buyers. The stock closed right at the strike on expiration day.

I had 35 call options expire pennies from value. That was extremely manipulated and it dropped right down again the following Monday.

I lost $1,000 on those options. NSPH only has option months every three months, so it was worth somebody's while to play games with the price.

It will probably trade around $2 for another 3 months. Just watch.
MF4