Monday Morning And 1,000 Contracts Traded On Hertz
I am fishing looking at todays action.Thirty seconds ago the volumes of trading in this series was reported as 1,000. Now it's 1,004. One thousand contracts could have happened in one ticket. I was watchinng it just before it happened. $5.00 options can suprise. Here is how they closed the day, up 540%. So why am I blogging aboiut this event? Well, in a recent past blog the same type of event happened. Check my November 8th blog. Look at the chart that I pulled up from that blog. When a stock jumps in one day from $5.00 to well over $6.50 and settles back again to $5.00 you know that history could repeat itself. Today was that day. One month from now we could be looking at this same event unfolding again.