Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Dream Office Real Estate Investment Trust T.D.UN

Alternate Symbol(s):  DRETF

Dream Office Real Estate Investment Trust (the Trust) is an open-ended real estate investment trust. The Trust owns central business district office properties in various urban centers across Canada, with a focus on downtown Toronto. The Trust owns and manages 3.5 million square feet of office land in downtown Toronto. Its objectives include managing its business and assets to provide both yield and growth over the longer term. Its properties are located across Adelaide Place, Toronto; 30 Adelaide Street East, Toronto; 438 University Avenue, Toronto; 655 Bay Street, Toronto; 74 Victoria Street/137 Yonge Street, Toronto; 36 Toronto Street, Toronto; 330 Bay Street, Toronto; 20 Toronto Street/33 Victoria Street, Toronto; 250 Dundas Street West, Toronto; 80 Richmond Street West, Toronto; 425 Bloor Street East, Toronto; 212 King Street West, Toronto; 357 Bay Street, Toronto; 360 Bay Street, Toronto; 350 Bay Street, Toronto; 56 Temperance Street, Toronto; and 6 Adelaide Street East, Toronto.


TSX:D.UN - Post by User

Comment by Lansing76on Mar 18, 2016 5:29pm
119 Views
Post# 24677376

RE:RE:RE:Today's price action

RE:RE:RE:Today's price action For the last 6 months at least traders have been able to write options at the $20 strike price. Smart money writes options and hopes for them to expire worthless, while retail investors and funds buy options as protection and speculation. What happened the last week or so especially with the run to $21 is the $20 calls especially were worth at least $1.00 all the while likely being sold for just pennies. So in order to bring the value back down to zero and erase the losses, the price needed to come down to $20.00. Smart money that writes options profits when most of what was written expires worthless. So that is the reason the stock was walked down all day, and then dumped at the end to break $20. Today was expiry, so they needed to do that. I have seen that many times before. Those who write options are like the house. They always win.
Bullboard Posts