Maybe the odds just went up. YHOO could be the straw the broke Creamer's back. http://www.elitetrader.com/vb/showthread.php?s=&threadid=71571&highlight=odds+AND+cramer
The ATM straddle as of yesterday prior to earnings was only showing about a ~$2 move. This came out of nowhere.
Fading Cramer has been a good play for me lately, another good fade is Bob Pisani. I think the pro's like messing with him. Does anyone know if there were any big option positions on yahoo? And in your opinion are large option open interest imbalances a clue as to which way a stock is ready to move? MS
There were unbelievable huge volume in Aug call options today. Guess lots are taking a YHOO imay bounce position like I did today.
That was a long long time ago, before his show , and before he sold out to the bimbos and pinheads that watch his shows and attend his 'live events' I got off the lame horse.