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.
Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
SNDK 283.13+4.3%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: deepsee who wrote (4217)9/17/2019 10:08:34 AM
From: Art Bechhoefer1 Recommendation

Recommended By
franklin1

  Read Replies (1) of 4827
 
I think the answer to the sudden increase in options volume for WDC is tied to an article appearing in today's New York Times business section. The article notes that interest rates for traders suddenly increased yesterday from about 2% to 4%. The rate increase applies only to large volume, short term trading, not to margin interest, for example. I think it explains the huge volume of contracts.

Art
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext