Yup, TASR options have too much interest and high volatility. Hence you pay a double premium. If it stays dormant for a month or so, I think the TASR derivatives might actually be worth buying. Everyone wants to see 30-40 point moves in this stock, hence thats what the derivatives are priced to.
TASR is a piker at this point. The garbage under $5 is moving 200-500% with LESS reason than TASR. No question it's a clique somewhere that is running these. But I notice the MM's and shorts are getting smart.
I wonder if shorts are getting burned with too much size, then covering aggressively. It's very volatile for such a high priced stock, even a benchmark beta of 3.6 is misleadingly low compared to the true volatility I think.
my friend gave me qbid about a week and half ago at a lil less than a penny or penny i forgot... i didnt even pay anymind to it... lol
I'm a pure stragey trader. I've developed a specific strategy for TASR which brings me about 5-15% on my account on a DAILY basis. That's the kind of stock I need to optimize my stragegies. Well, anyway, if TASR stops moving I'll just jump on another one (good candidate IPIX)... TFD