RMBS Nov $20 strike calls

Anyone catch this earlier today?? They are already up like 900% & expire tomorrow, but RMBS looks poised to burst $20. Nice volume so far at 35000+ contracts.

 

LOL

Now up 1800%. Gotta love expiration Thursday/Friday. Where you can buy something thats already gone up by $900% and still double your money on top of that.

 

I just sold my worthless Nov 25 call @ 0.10. RMBS imp volatility is going thru the roof. The max pain is still around 17.5. It is a good example that the max pain theory does not work for liquid stocks.

Now I am praying for SBUX to move down after the earning tonight.

Still waiting for OSUR to break above like RMBS.

 

SBUX now 37.10 :eek:

 

tomorrow is another day. Will see how SBUX moves.

 

it'll be a long while before you see OSUR pass $12.00

 

Anyone wanna bet a penny RMBS breaks $25 on expiration Friday??

 

More likely to break $20 (in my humble opinion!) :eek:

 

$20.46 possibly target for me.

 

LOL - nice, i thought there might be a little gas left with the ridiculous amount of calls purchased yesterday. I think between the $20 & $22.50 strikes, there was something in the neighborhood of 80000+ contracts purchased and keep in mind, a good chunk of that move was missed by most, so the calls werent cheap.

It made a good run at the open popping $23+ easy and now fell on its face. The $22.50 calls are dead now dropping 900%, so hopefully some people got out.