AMEX:SPY   SPDR S&P 500
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

they could be selling those 200 k puts too
Reply
KLang PRO paulyberndt
They're not selling them into thin air. Someone is buying.
Reply
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
betting that SPY will be above the 150 strike at expiration and collecting the theta
Reply
KLang PRO paulyberndt
Even if they are writing - someone is buying. Impossible to know what was put on could be a calendar spread of some kind.
Reply
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
Yes I know that.
Reply
Ahem. Just something I noticed back at the end of October...
Reply
KLang PRO mojeauxgrey
Doubtful. And I noticed it, too,
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out