Advanced Micro Devices - Moderated (AMD) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 216.64

-2.0%

10:29 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DRBES who wrote (213280)	10/11/2006 11:31:59 AM
From: plantlife	Read Replies (1) of 275872

More retail trades today, and assuming the Bear attack is over for the time being. They had been letting AMD run up at the open and shorting from strength. Massive amounts of 27.50 calls were opened yesterday, and the day before. Just prior to the Bear attack, a huge volume of puts at 25 was opened. Suspicion that a hedge fund shorted from 27.80, and bought those puts at 25, and same people have reversed course buying calls at 27.50. Possible that they are now going the other way. Originally thought it was a protective straddle, the 25 was bought to lock in their profits in case earnings were above estimates, but the 27.50 calls have been increased.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next