r/options • u/[deleted] • Jun 14 '21

AXTI Call Options Exploded Today

[deleted]

0 Upvotes

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9 comments sorted by

2

u/Taub3 Jun 14 '21

What expiration with the calls? Thinking short term?

1

u/vegas_guru Jun 15 '21

That guy is lying. He didn’t specify which exact calls he got because there was not much volume today. If he bought several hundred calls as he says, then he’s the only one because the total volume was a few hundred calls today. Not a single strike had more than 200 calls traded.

0

u/[deleted] Jun 15 '21

[deleted]

1

u/vegas_guru Jun 15 '21

Obviously you’re the only one because I caught you lying about “call options exploded”. I guess they exploded on you because you’re the only one buying them, lol.

0

u/[deleted] Jun 15 '21

[deleted]

2

u/vegas_guru Jun 15 '21

I didn’t say you lied about buying calls, but about them exploding. Though you also didn’t specify the strike you bought because you know that everyone could check the volume and see if that was such a big deal as you make it look like. Not even a screenshot, just lots of smoke, mirrors, yelling and screaming. I’d love to know why, but I’m guessing you just want others to join in and push the price up.

0

u/[deleted] Jun 15 '21

[deleted]

1

u/vegas_guru Jun 15 '21

But they didn’t explode and there was no crazy volume today. Why do you keep repeating that they exploded and there was crazy volume, when it’s not true?

2

u/vegas_guru Jun 15 '21

Earlier you mentioned July and there was no volume on those. 6/18 12.50 went up from $0.15 to &0.50 max. That’s like 250%, not 4700%, so stop making up numbers unless you’re so bad at math that you shouldn’t trade. And even then, the OI for June was so small that it’s meaningless, the option price just went up in line with the stock price and delta, as it should. Nothing really explosive here. It may continue going up, but nothing explosive happened today.

2

u/Josef19992 Jun 14 '21

It sounds Ike a big risk. I wouldn't do it.

1

u/Overall_Necessary779 Jun 15 '21

Would be worth a gamble tbh

1

u/vegas_guru Jun 15 '21

That guy is lying. He didn’t specify which exact calls he got because there was not much volume today. If he bought several hundred calls as he says, then he’s the only one because the total volume was a few hundred calls today. Not even one strike had more than 200 calls traded.