Bombardier Inc. T.BBD.A

150K Options worth $10M

[BBDB859]

Looks like the people holding those $150K options have got another couple of hours to decide if they are going to exercise those options. I'm glad the MM's stood their ground with them. Why should they give they give them a premium of cash on top a good share price. If they want to exercise their option they got a discount today of $4.00/share. The shares are trading at $59. Way bellow the $62.00 strike price. If these guys are legit they would take the discount. The option Buyer is obviously an Institutional client. Who has $10M to throw on this amount of Shares today? Obviously the MM's aren't going to give them the CASH over the strike price. That's a savings of $1.5M of cash for the MM's. And the MM's just sold $150K of some cheaper shares that they bought from shaky hands earlier. Let's see how this comes pans out today. If someone can pleases follow this with Level 2 would help. Or end of the day print of the deals gone down. Thanks in advance.

[Centaurev]

What if the Institutionnal client purchased those 150 000 options, just to make sure this would make the price go down, to where it is. Target price : 62$ x 150 000  :  9 300 000$ 343.35K shares chaned hands at 12 h 10 today at 58.76$ Exchange price  58.76  :  8 814 000$ 9 300 000$ - 8 814 000$  : 486 000$ I don't think that the options cost them 486 000$

[BBDB859]

Precisely. Plus they shorted the stock with their clients, for some profit there too.. That's exactly. what I wanted to say in the earlier post. They could have just been some jokers FNG with the MM's. 343K you say. Can you print that please?

[Centaurev]

I have made screen shot of todays activities on BBD -B. but I don't know how to send it to you.  If you want to see tadays activities go to Yahoo Finances, interactive stock chart for BBD-B.TO, the one day chart, put the interval at 1 min, and look 12 h 10. You will see in the upper left corner, tha activites for that minute.

[Centaurev]

I have made screen shot of todays activities on BBD -B. but I don't know how to send it to you. If you want to see todays activities go to Yahoo Finances, interactive stock chart for BBD-B.TO, the one day chart, put the interval at 1 min, and look 12 h 10. You will see in the upper left corner, the activites for that minute.

[BBDB859]

Thanks I saw it. It says 1.51K for the Volume in that moment. Is that X 100?

[BBDB859]

If you go to the 12:40 pm timeline, it's the same 1.51 Volume. What do you make of that?

[glory7]

The laughing Stock for old ladies like Bbd000, gives the poor boy a life lol.

[glory7]

Put your hours in at Walmart you'll make some money lol plus get you out of your wheelchair.

[BBDB859]

Hey Cent. Ignore my other 2 posts about the 1.51K. I just saw what you were saying the 343.35K at 12:40pm for $58.76. Is there some way to get the trade participents. Who traded those shares and who bought them? Thanks

[johnney]

BBDB859, it expired the 17th, still had them at noon! Did they lost all their money, played under $62 mostly!

[BBDB859]

No surprise. Thanks Johnney. Ya I found that out..

[johnney]

BBDB859, what I have asked, did they or he lost all those $150k, or $175k optons the 17th at 4:00, cause it has expired?

[BBDB859]

Johnney I'm not familiar with how options work. I understand that the owner(s) of those options didn't exercise them. So they expired on the 17th. Why should they Exercise them for $62? When they could get them for cheaper the whole day on the 17th?