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  1. MBD529 is offline
    MBD529
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    Joined: Nov 2008 Posts: 5
    12-02-2008, 02:22 PM #1

    Puts

    can someone please explain why 15,394 puts have been bought today at the jan 2009 7.50 strike price??

    homer!! u out there??
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  2. m4svt is offline
    m4svt
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    12-02-2008, 05:19 PM #2
    no idea, but i did write some calls today.
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  3. Whynot is offline
    Whynot
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    Joined: Sep 2008 Location: The Mid-Atlantic Posts: 113
    12-02-2008, 06:18 PM #3

    Question.....

    Why would anyone do such a thing with those puts, at that price and at that time???

    Am I missing something?

    Any help would be great,
    -Whynot
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  4. Siriusowner is offline
    Siriusowner
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    Joined: Nov 2008 Location: The Oil Patch, Texas Posts: 922
    12-02-2008, 06:34 PM #4
    Quote Originally Posted by MBD529 View Post
    can someone please explain why 15,394 puts have been bought today at the jan 2009 7.50 strike price??

    homer!! u out there??
    Where are you seeing that ? volume for Jan 2009 $7.5 puts today was zero.

    Last Price Today’s Change Bid (Size) Ask (Size) Day’s Range Volume
    7.10 0.00 (0.00%) 7.20 x129,000 7.40 x124,800 0.00 - 0.00 0
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  5. MBD529 is offline
    MBD529
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    12-02-2008, 11:38 PM #5
    i just checked it again and it now says volume ZERO%
    it wasnt that way earlier....
    freaked me out!
    srry:
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