$4 limbo

[mytakeonit]

So they pay me to take the stock for free

Okay, where is the end of the line?

But, that's mytakeonit

[myocat]

Expired 09/16 Calls/Puts
Last Trade Date Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility

MNKD220916C00004000 2022-09-12 3:58PM EDT 4.00 0.13 0.05 0.15 +0.07 +116.67% 53 1,302 59.38%

Put
MNKD220916P00004000 2022-09-12 3:51PM EDT 4.00 0.10 0.10 0.15 -0.05 -33.33% 5 179 61.72%

[cedafuntennis]

What is your interpretation of this?

[myocat]

Whoever creates the options has been manipulating the PPS centering $4 in the last 3-4 moons IMO.

[runner]

I agree, the vacillation in the stock price has had little to do with the overall market in the last few months. The manipulation is astonishing. Mind you, that hasn’t been any different for the last 15 years

[Clement]

Right now, there's more weight (open interest of calls and puts times their option price) at 3.50 strike than 4.00 for Sept 16. Do you guys really think share price will end up at 3.50 this Friday?
Of course it's possible. But I doubt it. If it does, it will just pop back up next week.

[agedhippie]

MNKD is a relatively high beta stock which means it is more volatile than the index. If you look at the last five days you can see the price broadly tracking the NASDAQ. It's not as conspiracy, it's a down market. You will also see that it has out-performed the NASDAQ.

[peppy]

Sept 13, 2022 15:40:31 GMT -5 agedhippie said:

MNKD is a relatively high beta stock which means it is more volatile than the index. If you look at the last five days you can see the price broadly tracking the NASDAQ. It's not as conspiracy, it's a down market. You will also see that it has out-performed the NASDAQ.

yep.

[celo]

This 4 dollar cap is unreal. Sell all your 4 dollar shares and be gone!

[runner]

I think this thread should be called the $4 high jump. Will we be over the bar at the close?

[mymann]

I wonder if all this manipulations of keeping mnkd sp below $4 legal? Does it really matter? SEC has a closed for lunch sign hanging from their office door for so many years, it's bullshit!

[cretin11]

Sept 13, 2022 7:49:26 GMT -5 Clement said:

Right now, there's more weight (open interest of calls and puts times their option price) at 3.50 strike than 4.00 for Sept 16. Do you guys really think share price will end up at 3.50 this Friday?
Of course it's possible. But I doubt it. If it does, it will just pop back up next week.

Looking more possible now.

[cedafuntennis]

I did a quick check on TSLA.  The max pain is $275 this Friday. Stock is at 304.  Do you really see it going to 275 by tomorrow from here?  So this is nice academical exercise but when the gap is so large, chances of hitting that max pain are almost nill

[myocat]

Nov 18, 2022 $4 Call has some volume, countered by $3.50 Puts.

I think wee are still in the $3.50 - $4.00 for awhile.

[prcgorman2]

Looks like the $4 Nov 18 calls finished in the money. Is there any way to see volume of exercised calls?