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Another classic. Well known fact that 95% of options trades are vaporized by Goldman Sachs during OpEx Racketeering Week. Wildebeast herds are spooked in opposite directions daily by various bullhorning and upgrading of key stocks by Chop Shops on the take.
Traders remain bewildered and confused by all the sirens, horns, and noise blaring from news desks and small time brokerage firms upgrading this and downngrading that. Lowe's shanked yesterday, Home Depot rocketed up today. Short sellers gunning Target were found puking behind the dumpster like Gary Busey or Nick Nolte crawling around the beach alleys in Malibu. Hilarous watching the herd moving back and forth based on whatever blurbs pop up on the Bloomberg feed: http://www.zerohedge.com/article/search-... Goldman upgraded MRX last week. Surely their trading desk is, er, 'cheering' for a successful expiry. Rating :
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With only 3 days left, a large chunk of OOM puts and ca...
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newr4r4 | Rate it | 18-Aug-09 02:01 pm | ||
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And now a sudden move to the upside. What are we m...
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mikeedgar_k... | Rate it | 18-Aug-09 03:03 pm | ||
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Bizzare... no pr.. no news..
fAt
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fatnhapy200...
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Rate it | 18-Aug-09 03:19 pm | ||
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possibly Goldman sold the PUTs this morn...
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newr4r4 | (1 Rating) | 18-Aug-09 03:24 pm | ||
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No if that was the case Reuters wou...
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fatnhapy200...
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Rate it | 18-Aug-09 03:44 pm | ||
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Re: Bizarre options trading today
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newr4r4 | (1 Rating) | 18-Aug-09 10:06 pm |
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