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lodas

01/03/20 11:56 AM

#605194 RE: justnormal #605178

justnormal....good for you...I am also taking advantage of the low prices as they take it lower...it seems like they are keeping it below the 12.50 option expiration on January 17...if you look at the option tables, you will see about 94 open call contracts, against over 147 or so put contracts...MM will sell calls and get premium, and buy puts to slam it below the exercise price at op. ex. in this way, they get money on both sides of the trade... they keep the call premium, and then as the put premiums rise, they get the difference from what they paid, and what they can sell if for.. two paychecks, if you will... Lodas