The Traderszone Network

Published in TZ Latest News 16 March, 2017 by The TZ Newswire Staff

Option Strategy

Hello,

I’m curious to know thoughts.

So FOMX Apr 21 10 Calls – there’s someone bidding these up now for the past week and he’s paying a ridiculous premium for them. I believe he/she has probably bought almost all the open interest for this.

The premium is really high compared to other stocks with higher volatility so I really just can’t figure out what they’re trying to accomplish? When he drops his bid (occasionally) the market bid goes back to like .50c.

Any thoughts on the…

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