Hello.
Consolidation in an annoying fashion
My options straddle is now theta and IV crushed, thanks.
Saudi's bought 700 million dollars worth of shares today. Usually when this happens, they
1. Have insider trading
2. They pay analysis for millions. You think they'd buy without them? You think you're smarter than Wall Street?
3. This better fucking move otherwise I just lost a fuck ton of money. I don't care which it ways it goes, it just needs to move 50 pips and now.
Hedged with a put, I have calls expiring June 5, will sell those and buy longer dated options just in case.
I estimate in 2 weeks time for Boeing to finally move. Lets go, thanks