Why GRAB will not move this week
Grab will be locked into this range around 3.50 for this week. There are way too many option contracts open above 4.0 and below 3.50, that is why we are sitting right in the middle. So MM will need to squeeze this until it all expires this week.
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Trading is a tough business! All my commentary are my personal opinion. Do not follow my trades. You will lose money!
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Salmon Klein : dont get it...most of contracts are calls at 3.5...should come up isn't?
Invest Long ✓ Salmon Klein: I think he means in between 3.5 to 4.0 range. I expect range 3.65-3.75 before going up again next few weekz
MonkeyGeeOP Invest Long ✓: I agree
MonkeyGeeOP Salmon Klein: There are calls at 4.0 and puts at 3.5
sGpcGhost : 3.5 calls. Paid 0.15
MonkeyGeeOP sGpcGhost: The mid point balance with the 4.0 put payout. either direction would be much more. scamming at its finest. Roaring Kitty
is so right.
sGpcGhost : Should have short it at 3.77.
Managed to short 3.72, end up lose the put money. No gain at all.
sGpcGhost : Lose all the comossion and admin chargrs
MonkeyGeeOP sGpcGhost: Grab stock is compressed by so big cheese. They held the stock, so they didn't pay out 99% of the options.
MonkeyGeeOP Salmon Klein: if it goes higher than they have to pay. don't worry it will move. it needs some positive news for it to breakout of the hold.