Michael,
I have posted the following to All, but have no replies as of yet, I would appreciated if you can answer it, please. It just doesn't make much sense to me at all. In case of Feb 155 call, almost half of the open interest was traded today, and it still went down 11/16.
Thanks in advance.
-H.P. ************ All,
Today INTC went up $1 + change, but most Feb out of money calls droped , the Feb 155 call droped as much as 11/16 to 2 13/16. which is a lot more than the daily time value loss.
Does anyone have an explaination for this?
From my novice stand point, it appears that the market doesn't expect INTC to go up much in Feb....., any thoughts, please
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