HIGH AT THE OPEN OF +$130.75
TWO MAJOR SCREW UPS:
(1) NOT SELLING $130 CALLS FOR +$2 & COVERING @ 25¢. ( A 875% MOVE).
(2) NOT BUYING THE $125 PUTS FOR 40¢ & SELLING FOR +$2.50. (A 525% MOVE).
FOR REFERENCE: LOOK BACK TO MY POST OF JULY 30 & PRICE CEO SOLD SHARES.
THIS WAS A MAJOR SCREW UP. BESIDES MISSING THE 15 DAY MOVE FROM $99 TO TODAYS +130.
THE $130 CALLS WERE THE 2ND MOST TRADED OPTS TODAY +300K CONTRACTS.
THE $125 PUTS VOL WAS +130K CONTRACTS. (BOTH A SHITLOAD)
HOPE YOU HAD ONE OR BOTH.
UNLIKE ME – GOT CAUGHT SLEEPING. HEY, THAT’S WHY THEY CAME UP WITH THE PHRASE “SHIT HAPPENS”.
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