Someone sold 1m oppies this morning at .4c and still has 7.5m to sell.
Someone was crazy enough to pay 400% their value for that 1m position.
I think the seller said gee, if you want to pay that much here is another 7.5m.
Why would you pay .4c for the option if you can buy the heads with no expiry at .5/.6c?
With the current cap raising I expect to see a bunch of oppies flood the market hence why I have a number of orders on the buy side.
Kiril.
I hold.
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Someone sold 1m oppies this morning at .4c and still has 7.5m to...
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