These two stocks have been under heavy accumulation, my goal is to sell my HWAY at $27+, and LITE is near my target of $37.
I posted my STC order on TWLO and some Jerk puts 1400 contracts of the August $55 Puts @ $1.20. He's now changed his order from $1.15 to $1.50 leaving me to change mine. I only bought 30 contracts pretty cheap. Why sell 1400 contracts of a stock so crazy? He does not know where to sell those Puts, is it a Naked Put sell and maybe tomorrow he's going to be a hero? Interesting trade anyways.
He's not a Spoof Order, it a silly guy having trouble figuring out where to sell it. He's trying to sell out his position at $1.35 after the Bids were stacked at $1.30, sell baby sell!. He sold out at $1.25, interesting trade after having the chance to get $1.35 he waited too long. I got a better price than him!