Replies to post #119604 on Avid Bioservices Inc (CDMO)

[rome75]

So the purchase of the April 2.50 and 5 calls were just some hedge funds game of messing with the stock price? It was a way to lure people in to "follow the money". Then the calls disappear as they short the hell out of the stock.
So then what does this mean for the July 2.50 and 5 calls ? Are they going to just disappear ?
After all the back and forth we had on the topic nothing was solved.
We need good frontline results too stop all the games at least for a little while.
Good luck everyone

[investingdog]

<< The options people are going to hold it right around here til then >>


We've been thru this before. There are 3270 call contracts and 1340 put contracts with the 1.5 strike price expiring tomorrow. Is that enough to keep the price pinned at $1.5 to burn both calls and puts? We shall see... I actually wish you are right cause I wrote those calls too.

[stoneroad]

Looks like you are correct.