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Message: Re: Call Options
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Jun 22, 2023 04:09PM
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Jun 22, 2023 04:38PM
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Jun 22, 2023 05:01PM

"120 call options..... Jan 2024 $5 strike bought today at 80 cents

Some people know something."

 

There's been a few comments/posts on option activity the last few weeks.  Are you assuming the option writer knows the share price will be less than $5.80 on expiration in Jan 2024?  So far the writer on the July calls is right. 

Stay grounded friends. The road is long and winding, unfortunately for us.  

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