With the options I am seeing a lot of poor and impatient selling by a buyer/s with large positions. I've been accumulating options the past few days, but have been letting them sell into me. It's like clockwork, 2.3c gets bought into and the sell lines are then reloaded with a large seller and then someone just dumps into 2.2c. It appears to me that a buyer/s wants to take profit but doesn't appear to understand how to do that with the amount of shares they hold.
I've finished accumulating now, but I am sure other buyers have worked this out as well and aren't going to go chasing the price with this ridiculous pattern of selling.
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With the options I am seeing a lot of poor and impatient selling...
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Price($) | Vol. | No. |
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