The Other Plunge Protection Team: 122,017 December SPY $95 Puts Tyler Durden's picture Submitted by Tyler Durden on Thu, 07/23/2009 - 12:45 http://www.zerohedge.com/article/other-plunge-protection-team-122017-december-spy-95-puts Not much commentary needed. Last night open interest was 28,197. Volume so far: 122,018. 122,000 lots = 12,200,000 shares - at around $95 each - that is a $1,159,000,000 notional trade
make some money off this game than. free money take it. shorting into earnings and summer is a traders no no . the market is more manipulated than i thought. if you don't think this market is rigged just ask Goldman Sachs, interactive brokers and all the brokers and even the gov't is involved the FED there is no free market man. it's controlled market.
Nasdaq had 19 up days in row in 1979 or 1980, lets see if MSFT or AMZN can keep the streak going because everything is looking very overbought.
Or spread against the 92 August puts. Who do we think bought, andwho sold? Theoretical on Dec 95 approx. 4.30-4.70. Interesting nonetheless. Don