1:30 p.m. 411 IN-THE-MONEY options somehow lowered in value when raising above 411.50, is this indicative of a 411 call sell wall trying to be filled @ .75
kibakilla33
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1:00 p.m. now gaining momentum towards 411.5 could be last round of premium inflation for OTM calls
kibakilla33
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11:30 now final sale of 411-412 calls ?
kibakilla33
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@kibakilla33, relatively fast move directly towards 411.7 would inflate 412 premiums
kibakilla33
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MM Selling 411 calls into the market above 411.5 below 411.7
kibakilla33
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bull trap into 411.7 pivot ?
kibakilla33
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411.7 pivot. likely test that before the move
kibakilla33
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Premiums are highest on 410 but today's second highest premium is 412 so I don't expect MM not to capitalize off inflated calls they can expire OTM.