think like a whale,that's a small part of your daily http://wiki.answers.com/Q/What_is_the_daily_food_consumption_of_a_humpback_whaleQuote from gmst:
I have never seen such blatant display of power from a large market participant beforeLOL. The fact that we touched 94 and still the 8k quantity remained on ask and did not vanish suggests that this is real size.
So, why someone wants to sell 8k at this particular price level and not sell it gradually?
Well I have a theory regarding this size.
1) Either someone has sold an exotic option like some KO type of option with strike at 1494/1494.25 and so wants to hedge the resultant exposure.
2) Or, it is some big market participant that was long in the morning and showed such big size so as to attract the bots to this size. We can see that market did a massive run-up in the first 5 minutes and since then it has been only up and up.
So, now we see that 94 has been taken out.![]()
Quote from gmst:
I have never seen such blatant display of power from a large market participant beforeLOL. The fact that we touched 94 and still the 8k quantity remained on ask and did not vanish suggests that this is real size.
So, why someone wants to sell 8k at this particular price level and not sell it gradually?
Well I have a theory regarding this size.
1) Either someone has sold an exotic option like some KO type of option with strike at 1494/1494.25 and so wants to hedge the resultant exposure.
2) Or, it is some big market participant that was long in the morning and showed such big size so as to attract the bots to this size. We can see that market did a massive run-up in the first 5 minutes and since then it has been only up and up.
So, now we see that 94 has been taken out.![]()