BYND星期四的大涨是否因为Option Expiration Effect? 今天Option到期,Call at 100似乎很火.如果是到期日效应的话,日内波动性有可能增加,有两种可能.1)call seller到期前大量卖空股票,把股票压到行权价以下,这样既能赚到option premium还能低价cover short 2) put seller可能会到期前大量推高股票.另外对于call buyer,也希望股票高于行权价,会有动力推高股价.但现在short interest减少,days-to-cover只有0.9. 2)的情况可能会比较大.如果期权明天到期,pinning效应下发现spot附近的active call option trade,并且call大于put的数量,short interest降低,day-to-cover很低的话,那么期权到期日那天很有可能涨过active option trade的行权价.看看今天能不能破100吧
The most active contracts include:
• April 24, 2020 $100 calls; 12,792 traded, 2,807 open interest
• April 24, 2020 $95 calls; 8,748 traded, 2,140 open interest
• April 24, 2020 $93 calls; 6,257 traded, 1,214 open interest
#stocktalk
The most active contracts include:
• April 24, 2020 $100 calls; 12,792 traded, 2,807 open interest
• April 24, 2020 $95 calls; 8,748 traded, 2,140 open interest
• April 24, 2020 $93 calls; 6,257 traded, 1,214 open interest
#stocktalk