SI
SI
discoversearch

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.
Strategies & Market Trends : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ajtj99 who wrote (30569)2/16/2002 11:47:17 PM
From: mishedlo  Read Replies (1) of 99280
 
Not exactly sure I would call a "turn" on BRCD the same a delta hedging. Actually, I think the puts and calls at strike 35 may have kept it artificially propped up.

Deltal Hedging MAY have intensified the effect but I am unsure.

Perhaps, however, we just saw was just a plain reversal.
I am incline to believe the powers that be already knew what BRCD earning's were, and had already shorted it.

QCOM OTOH could be delta hedging but I am unsure.

NVDA is a more interesting story.
There were a relatively large nuumber of puts on it (for such a thin stock). That premarket ramp up on Friday just so they could unload it close to 60 was disgusting.

What about IBM, huge drop on it? I think IBM and NVDA might be better examples, although a part of me thinks the drop on NVDA might have been worse had there not been the urgency to prop that sucker back up nearly to 60 before the bottom fell out. Perhaps had it not been options expiry we would not have seen that morning rap at all.

All of this is very hard to say.
If there were 50K puts on BRCD or some other huge number, then I would have said yes, at the actual number, I am not sure.

Of the above, I think IBM surprise on options expiry might have been the biggest one.
M
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News