Combo trade on VFC

rb7 · Dec 9, 2022

arturo100 said:
Tks. How comes you are so familiar with SIG, if I may ask.?
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LOL....I've worked many many years for different exchanges.

newwurldmn · Dec 9, 2022

rb7 said:
This is a theoretical example not easy to replicate cause in the real world, the put option price will be higher and the dividend lower.
Anyway, SIG strategy is different than that one and is highly impacted by the fees they are paying/receiving.
I wish I could remember what were the details of their strategy but it wasn't profitable on all US option exchanges, only on ones with the right fee schedule.
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i know the strategy. It was downright collusion.

newwurldmn · Dec 9, 2022

arturo100 said:
Today someone shorted 570 Puts 33 on VFC @ 4.6 and simultaneously (well, kind of, since about 30 secs passed by) shorted 57000 shares @ 28.905:

"9536" 2022-12-08 10:35:05 28.905 57000 911451 28.89 28.9

Puts are expiring in 8 days and the trade is kind of bearish since it will make money below 33.5 or so. This is a reasonable expectation given both the relative short time to expiration and the problems VFC is facing in this period:
https://finance.yahoo.com/news/numerous-challenges-put-pressure-vf-161228453.html

I like this kind of trades and the reasoning behind them and I would like to know which one are the funds that are playing them. Sushequana comes to my mind, but there could be others. Does anyone know some of them?

Thanks in advance
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probsbly a stock replacement trade to reduce balance sheet obligations.

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Combo trade on VFC

rb7

newwurldmn

newwurldmn