InvestorsHub Logo

KCCO7913

12/20/21 12:11 PM

#87467 RE: pitcook #87465

Ok but only 1 million shares worth of in the money options expired Friday.

Is still doesn’t add up.

Tasermania

12/20/21 12:14 PM

#87468 RE: pitcook #87465

Friday's "Mystery Shares" had NOTHING to do with quadruple witching. The only relevance to LIghtwave was the December options expiration. There was an OI of 2,500 contracts going into Friday that were ITM. Volume on Friday was about 30% of OI, mostly closing transactions. These options would account for AT MOST 250,000 shares. That is only about 5% of the Mystery Shares. My guess is some of the shares were taken off the shelf, for which we'll see an explanation PR in the near furure.

"Case Closed."