$SMCI 241122 21.00P$ all of these gamblers really want to bu...
$SMCI 241122 21.00P$ all of these gamblers really want to buy on a failing stock. With no auditors, about to be delisted. They get all happy with $1 increase.
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102844042
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Market makers like this type, easy to sweep up all the option losses. Don't have to pay out to anyone. The stock just needs to swing up and down for the entire session, every option buyer is a loser.
102844042
Carlos Dinglasan
OP
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Anyway, I am not getting involved in this stock. A bit too late to enter short, as the gain is not as much as compared to shorting at 40s and above. Just watching it to slowly penny value below $1.
Cortney Falcon : one and a half points times a thousand shares is awesome to me made a nice profit
102844042 : Market makers like this type, easy to sweep up all the option losses. Don't have to pay out to anyone. The stock just needs to swing up and down for the entire session, every option buyer is a loser.
Carlos Dinglasan OP 102844042 : in my opinion, best to do is to put option on this stock short term then get a quick buck.
102844042 Carlos Dinglasan OP : Anyway, I am not getting involved in this stock. A bit too late to enter short, as the gain is not as much as compared to shorting at 40s and above. Just watching it to slowly penny value below $1.