RE:ANYTHING to get the shorts goingRebels65 wrote: The short position increased even after the high volume push down to lows over the last few week.. The recent minor uptik was on low volume..Shorts ARE ALL in a position to cover at a profit if need be. They'll keep it low as long as they can with the hopes of a bad earnings report in Novemeber.
Now in the short term there's 3289 put calls at @19.50 that expire on Nov 1st.. Easily within reach for them as a target this week....Since Institutions with long positions hedge their bets with put calls I'm willing to make this call..SP will hit below $19.50 at least for a short time so the puts win.
what a generous fellow you are!