Replies to post #203 on PIVOT POINTS;standard,demark,fibonacci

[nlightn]

interesting that shareprice is down and call options move up slightly,....

GOOGL JulyWk5 850 call,....20 /.45 volume 14 making O/I 91

[nlightn]

GOOGL has been channeling between 705.90 and 709.00. granted that is a $4 price range,..and accounts for only 1/2 % of the underlying shareprice so that is not out of perspective if DP's are in the process of collecting before e/r on July 28 (next thursday) ,...but DP's have unlimited funds so they could in fact be collecting here.

relatively GOOGL shareprice has been flat,...

what ya think ?

[hardhittad22]

Wow those wide spreads make me wonder if you can get in and out with profit without any price movement.

In this example, in 0.40 and out 0.60. Risky but I hear this is how old day traders made their money with enough volume.