Saturday, March 27, 2010

IWO in action

So I've been curious as to how many people are acting on the IWO trade recommendations. We've all seen stocks move in after hours when Cramer hypes something. So just for the hell of it I looked at the SBUX option activity for a trade he recommended on Friday. Below are the results. Normally you see the most volume at and just above and below the current stock price. As you can see here, the $24 put recommendation has more volume than the other nine strike prices combined.

Call Volume

22.00

SSU100417C00022000

2.73

Up 0.15

2.58

2.63

10

4,885

23.00

SSU100417C00023000

1.86

Up 0.03

1.65

1.70

12

4,442

24.00

SSU100417C00024000

0.87

Down 0.07

0.89

0.91

141

7,441

25.00

SSU100417C00025000

0.37

Up 0.08

0.36

0.39

235

6,962

26.00

SSU100417C00026000

0.13

Up 0.03

0.12

0.14

72

5,01

Put Volume

22.00

SSU100417P00022000

0.07

Down 0.03

0.06

0.08

17

3,246

23.00

SSU100417P00023000

0.18

Up 0.01

0.16

0.18

32

4,920

24.00

SSU100417P00024000

0.43

Down 0.06

0.39

0.41

730

5,647

25.00

SSU100417P00025000

0.93

Down 0.02

0.88

0.90

86

2,776

26.00

SSU100417P00026000

1.65

0.00

1.63

1.67

13

1,048


1 comment:

  1. Sorry about the image, when I pasted it from Word it looked just like the Yahoo Finance option chain.

    ReplyDelete