A question on option, sfbayarea or other option daxia

mlif

EW has important news coming out on Thursday.
This morning around 10:30 someone bought 2k Sep. 60C at asking price of 2.6, that's 500k plus, then the stock price immediately dropped more than 5% and recovered some later.
So the question is whether this is a big bet on news, or just hedging a short position.

sfbayarea

EW has important news coming out on Thursday.
This morning around 10:30 someone bought 2k Sep. 60C  ...
mlif 发表于 2010-9-20 20:53

    sorry I don't have enough data to analyst.
only thing I could tell you is that the volatility from 0.25 went up to 0.63 in last 3 trading day. That means stock price may move big in either direction.

date        call  IO (initial open)           put IO
9/20           14755                            34517
9/17           12562                            34242
9/16           11477                            33669

mlif

Thanks! Will make a small bet on it.

当时惘然

seekingalpha.com/article/224586-friday-options-update-hig-ew-genz-awk-stec-dell-htz-dbrn-ovti?source=yahoo

Edwards Life Sciences Corp. (EW) – The provider of products and technologies created to treat advanced cardiovascular disease popped up on our ‘hot by options volume’ market scanner after one options player initiated a sizeable bearish transaction in the November contract. Shares of the medical supplies company are currently down 0.80% to arrive at $59.29 as of 1:55 pm ET. The investor established a ratio put spread, buying 5,000 puts at the November $57.5 strike at a premium of $2.95 each, and selling 10,000 puts at the lower November $47.5 strike for premium of $0.75 per contract. The net cost of the pessimistic play amounts to $1.45 each. Thus, the responsible party is poised to profit should Edwards Life Sciences’ shares decline 5.5% from the current price of $59.29 to slip beneath the effective breakeven price of $56.05 by expiration day in November. Maximum potential profits of $8.55 per contract pad the put-spreader’s wallet as long as the price of the underlying stock plummets 19.9% to settle at $47.50 at expiration. The sharp increase in demand for put options on EW lifted the stock’s overall reading of options implied volatility 7% to 40.64% by 2:00 pm ET.


可能已经不是头啖汤了。

从消失的NOV*47.5P来看，短空者可能已经收手了。
短多可能值得一赌吧。
YMYD.

mlif

多谢，早上进了，已经快翻番了，收了本，等后天的消息。

mlif

AH $66.55, expecting my very first 10X tomorrow