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Post by Deleted on May 19, 2015 12:22:59 GMT -5
Having watched options action the past year or so, I've been able to follow what I believe were Karp's puts. My theory has been the short term $10 puts were his. I watched as the OI on most of them dropped from 30k or so down to 18k. Correspondingly, I watched the June $10 put OI drop to around 18k. Today, it seems that someone hit the panic button and closed out nearly a quarter of those options. Im going to go out on a limb that this was Karp, and we should see OI on the $10 puts drop to around 12k or so come tomorrow.
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Post by mnholdem on May 19, 2015 12:48:28 GMT -5
He made a killing if true.
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Post by ezrasfund on May 19, 2015 12:49:39 GMT -5
We know that our "Diabetic Investor" will never inhale. One thing I wonder about is if he is/was a smoker. Sour Grapes?
Oops, that's Kliff not Karp. I guess I can't keep good track of all the naysayers.
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Post by esstan2001 on May 19, 2015 13:31:48 GMT -5
We know that our "Diabetic Investor" will never inhale. One thing I wonder about is if he is/was a smoker. Sour Grapes? Oops, that's Kliff not Karp. I guess I can't keep good track of all the naysayers. ... and has anyone noticed how all those recent naysayers have vanished like rats on a sinking short ship? Nice to have the board back. Now we can correlate absentia with high rates of FUD posting to ID the Tourbillion / GS paid employees :-) |
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Post by eddiemoy on May 20, 2015 11:15:32 GMT -5
you notice that the june puts and calls are about the same for $10? been noticing this for a while... not sure what type of strategy this would be...
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Post by tripoley on May 20, 2015 11:30:36 GMT -5
you notice that the june puts and calls are about the same for $10? been noticing this for a while... not sure what type of strategy this would be... It's an arbitrage to attack the share price with no risk. Sell 10,000 $10 puts, buy 10,000 $10 calls and short 1,000,000 shares. |
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Post by Deleted on May 20, 2015 16:29:44 GMT -5
As discussed, these particular weren't arbitraged
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Post by Deleted on May 20, 2015 16:38:19 GMT -5
Now with that said, there was another 6500 options on $10 June's again today and OI went up not down. Karp reloading?
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Post by Deleted on May 20, 2015 18:50:45 GMT -5
Looks like all of today's action was arbitrage. Trying to hold price down on the short term while collecting no risk cash
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