me too initforthemoney - i cannot understand the selling into the options unless those who are holding are loosing sight of the premium that the market has been paying for them. . . . . when the heads was trading @ .01/11 the option were at 0.004 with a once off dip into 0.003. when the heads were consolidating at 0.016/0.017 the options were trading @ 0.009/0.001 with a once off dip into 0.008. this pattern broke when the heads reached 0.037 and the options touched 0.023 but traded mostly @ 0.021/0.022. so, for most of its trading life the options have been traded @ or less than 0.009 difference. at the close today, we are trading @ 0.012 difference. i am sure that difference will close but need a change in sentiment for it to happen.
also, nearly 6 million got sold into 0.015 in the last 30 minutes of trade when all day the sellers have been fairly patient and the buyers had been absorbing them @ 0.016 . . . . . let's hope tommorrow brings a better day for the SSNO crew.
SSN Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
