RE:OptionsOk. You have totally betrayed yourself as having NO idea what you are talking about. 1. "Big shareholders are writing calls AND puts w their shares"...So they write covered calls thinking the share price is going to drop. But if that's the case why are they also writing puts? Also how do you write puts with your shares? Oh yeah, because you have no idea what you are talking about. 2. The options volume in this stock is anemic. It is virtually non-existent. You realize there are over 50 million shares outstanding and the outstanding options contracts are in the hundreds. How many shares do you think a BIG shareholder has? I will give you a clue, it dwarfs the total options volume for Dec. 18, it is less than pocket change. 3. Max pain typically comes into play the DAY that options expire. You are suggesting that this miniscule options volume is having an enormous effect on the stock price two weeks before this. You do understand how markets work right. Lastly and most importantly, whether you are notwrong or not, I could care less. But you very well may be more annoying. You post 50 times in one day, mostly nonsense, and respond to every single post with more nonsense, trying to twist it to fit your narrative. Respond if you want but you are ignored, and I suggest anyone else who actually wants to get information rather than clutter do the same. GL with your position, whatever it may be this minute.
Money10179 wrote:
Probably have something to do with this... Small sell vol but big price drop. The big shareholders are writing calls and puts w their shares but not selling their shares. Max pain is $33-$37US so they will try to make most of the options expire worthless. And they will lose less money with the price lower rather than higher. Waaay more calls than puts. In fact, they will lose less $ with the sp @$28US as compared to $38US. check max pain for your self
https://maximum-pain.com/options/max-pain/
dec 18 expiration cxrx