Post by
stephanedodier on Sep 28, 2022 1:24pm
Options ($5 call Oct-2022 for THTX Nasdaq)
Hi,
Is anyone that has more background then me on option trading can validate this statement?
https://twitter.com/runaway_vol/status/1575129966240481282
(Theratechnologies Inc. $TH had an unusually high call volume of 7.5K this is 132.3K% of the 30d avg call volume of 5.7)
thanks
Comment by
Wino115 on Sep 28, 2022 1:29pm
I can't validate the actual numbers as I haven't looked at prices, but it wouldn't surprise me some of the Hairdo guys followers speculate via options as well, and that with such little normal volume, an increase of 132% isn't that much anyway. It's some computer generated scribble to manufacture a headline or story. It's noise from those traders.
Comment by
SPCEO1 on Sep 28, 2022 1:33pm
I can pull up a page on Bloomberg and see options activity and open interest. I don't see that volume today but I imagine the ZipTrader effect was in play with options on Monday that would have caused a big jump in volume. There is currently 711 call options in place for October at $2.50 and 1,037 call options for October at a strike price of $5.
Comment by
Bucknelly21 on Sep 28, 2022 4:06pm
My guess is from the price action we got the same ol dose of info at the conference