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Teebonekrusher

10/04/13 12:37 PM

#15560 RE: sts66 #15558

That is the point I was trying to make. Too much concern lately over daily option trades. The large put spread yesterday was probably part of a larger strategy involving a volatility play. One thing we know for sure. The price will not be at this level once adcom has it's say. If they give a thumbs down, price will drop to 3. A thumbs up and I believe that we will see 9-10.
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wmjenkins3938

10/04/13 2:16 PM

#15564 RE: sts66 #15558

The only concern I have is option writers manipulate market to make sure they expire worthless