Holy short term anomaly, Batman. If someone had told me in the beg. of the week that he knew with 100% certainty the exact wording/content of AMAT's release and further predicted today's present price, I would have put a bullet through his head to save the poor sap the inevitable misery that would permeate his life. Thank God I didn't... 'cause I need that bullet. Maybe if they had come in at .45, and the future looked bleak, the price would be lower??
Now, of course, if there were very powerful people (viz. very well-capitalized) who needed to suppress a jump for only a few days [and knew from past experience they could do that] given they had written options and collected, say, 100 million in premiums, a great strategy would be to use that massive capitalization to protect their first investment. Couldn't do that for long, but only a few days no problem. That's what I would do with impunity, if, you know, I were 'them.'
RO |