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DoThePapes

08/13/13 10:07 PM

#40646 RE: $oldier Hard #40639

If Google were to submit on Friday, would there be a one day lapse in submission to actual entering? Dumb question sorry. Today got me worried about my Aug 3.5 calls I sold and was in a panick earlier to buy back then remembered it is vrng were talking about here. I know its only two days but still.....Any thoughts would be greatly appreciated!!

DoThePapes

08/13/13 10:07 PM

#40647 RE: $oldier Hard #40639

If Google were to submit on Friday, would there be a one day lapse in submission to actual entering? Dumb question sorry. Today got me worried about my Aug 3.5 calls I sold and was in a panick earlier to buy back then remembered it is vrng were talking about here. I know its only two days but still.....Any thoughts would be greatly appreciated!!

smoke

08/14/13 8:08 AM

#40654 RE: $oldier Hard #40639

Ref:VRNG August 3.50 calls, interesting 12,000 open interest there and 50,000 open interest in you add in the Sept positions $4 and under. That's 5 million shares and most likely the majority owned by shorts as hedges.

Sellers on the other hand must be rolling in the dough if they have been doing this since last summer. Buyers had to be pretty nimble to cash out. Its been my experience that this stock has been a miserable option play for longs and it appears to be easily manipulated.

Amazing the timing of the 8/17 court deadline coincide nicely with expirations. Just a coincidence I am sure.