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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by argentia77on Jan 14, 2016 7:21am
103 Views
Post# 24456994

RE:Reminder that Options for CXR Stop Trading Tomorrow

RE:Reminder that Options for CXR Stop Trading Tomorrow
ChartSchool wrote: Options stop trading tomorrow, and also a reminder to check the TSX Market at Close Imbalances at 3:40 pm tomorrow.  This may present an opportunity.

Last month on December 18th many of you will recall when the closing price did a "swoosh" because CXR had a 520,000 share imbalance at MOC - no doubt due to options trading expiry.




A few questions: 1) Can you explain how a market imbalance at MOC causes the sp to "swoosh" ?  2) could it swoosh up as well as down? and 3) is the swoosh predictable from the imbalance shown prior to close?   
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