Missed it Van. But I don't watch Cramer he's a fool. Really has lost his touch in a big way. Buying Crypto now... sad sack.
Easy Stoney. He's far from a fool. Yeah I know all the "real" traders here roll their eyes, but one, its not easy to do a show like that 5X a week, and two, the man has damn near every major ceo's # in his speed-dial.Missed it Van. But I don't watch Cramer he's a fool. Really has lost his touch in a big way. Buying Crypto now... sad sack.
FireEye could benefit.
Easy Stoney. He's far from a fool. Yeah I know all the "real" traders here roll their eyes, but one, its not easy to do a show like that 5X a week, and two, the man has damn near every major ceo's # in his speed-dial.
If you ever see him in an interview where he's being serious, his depth of knowledge is unparalleled. I don't care what anybody says. Its easy to cast stones, but lets see any of them, yourself included, accomplish what this man has. He's an entertainer second, most people miss the brilliance behind the facade.
Right again.But all that said... to the matter at hand as I wrote above...
... those May 14th calls are juiced for earnings, looks like about a 13% straddle, and no one is selling any quantity to speak of... even 12 (1 dollar strikes) above.
Pretty obvious the major shareholders don't want their shares called away next week.
The week prior to SNAP'S report, volume on the strikes north of $68 was well over 5K contracts/day. The big holders didn't have any fear of getting their options exercised. They were selling calls as fast as you could hit "buy to open".
And look where SNAP is at now.
$53
RBLX is the exact opposite.
Why wouldn't Cathie Wood turn around and sell 2000 $78 contracts for $4 on the same day, Monday, the same day she bought 200K shares?
It's an easy play if you have the $'s to buy that kind of size right?
....But she didn't.
The open interest on that strike is 111 contracts.
Think about that.
Or laugh about it it.
This one's going up Stoney.
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I wanna hear the T-shirt story!What are you smoking? Jesus he's a clown prince fool. The real story he's so afraid of Twitter and the bad shout outs that he changes his view on Robin Hood Investors. No spine. No face. NoBody. All this man has is his dollars and little Eddie Lampert living under his staircase.
I've watched Jimbo for years-- he's totally lost it... I do have a grudge with him long story-- he stole a T shirt from me but I won't get into it.
Listen, I feel the same way even more so about the morons on at noon. I've watched them flip back and forth on the market telling the viewers to buy more tech even as value was screaming to them. Their frozen faces in fear as Apple descends down 10% it's hard to watch. We need some new blood in the CNBC lineup... If they would meet my demands I would be willing... I just don't think anyone wants to hear the truth. We called this market out ages ago Van- the very first top.. While they ALL said Buy Buy Buy!
