AMEX:SPY   SPDR S&P 500 ETF
348 9 6
Updated OI - didn't look at calls cause that looks like a fools game. Lots of puts closed today. But something I didn't notice last night and not sure if it is new or not is 200k 150 puts.

Related Ideas

KLang
SPY
KLang PRO about SPY 4 2 years ago
mojeauxgrey
2 years ago
Ahem. Just something I noticed back at the end of October...
S&P 500 - Expanding Triangle to Close Out the Year

Reply
KLang PRO mojeauxgrey
2 years ago
Doubtful. And I noticed it, too,
Reply
paulyberndt PRO
2 years ago
they could be selling those 200 k puts too
Reply
KLang PRO paulyberndt
2 years ago
They're not selling them into thin air. Someone is buying.
Reply
paulyberndt PRO KLang
2 years ago
hard to know whether they are buying or selling these put options. They could be collecting the premium of the 150 put option by writing the option instead of buying the option, sorry should have explained it better
Reply
paulyberndt PRO paulyberndt
2 years ago
betting that SPY will be above the 150 strike at expiration and collecting the theta
Reply
KLang PRO paulyberndt
2 years ago
Even if they are writing - someone is buying. Impossible to know what was put on could be a calendar spread of some kind.
Reply
paulyberndt PRO KLang
2 years ago
in either event the market maker would take the opposite trade to make a the market of the sale. I buy they sell or I sell they buy with liquidity even if they dont have an outside buyer or seller of the option.
Reply
KLang PRO paulyberndt
2 years ago
Yes I know that.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out