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Pelosi buys calls strike 210

$Salesforce(CRM.US)$ if Pelosi bought calls, is that bullish or bearish for the stock?
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  • Markio1315 : if she is bullish why buy call options strike price below current stock price?

  • Mike HuntOP Markio1315: Smart money buys DEEP in the money calls because they can afford derivative contracts that cost 5-10k bucks each.  They do it to reduce risk.  Only poor retail sheep like us buy ATM or OTM options so that we can be fleeced by the institutions that sell those options to us

I block accounts with no name, pic, trading history or posts that try to follow me. Sorry hedges
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