Well your analysis may fit the wedge patterns provided. SYA's short position was opened on the 17th of September, I have been sorta wondering the same thing. I speculated this 3 months ago but was wrong.
My thinking was for such a large short position 250M shares raise on 17th of Sept, the contracts must be either 2 or 3 months maybe on the same day. I could not concieve of a six month contract, for that size. But we are dealing with Bank of America, State st and GS. Thanks for the tip, it probably going to be right.
Well your analysis may fit the wedge patterns provided. SYA's...
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Last
96.5¢ |
Change
0.050(5.46%) |
Mkt cap ! $2.340B | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 98.0¢ | 92.0¢ | $15.00M | 15.73M |
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| No. | Vol. | Price($) |
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| 6 | 148095 | 96.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 275693 | 4 |
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