This page has been archived and commenting is disabled.

Yet Another Options Expiration Shank and Crank

RobotTrader's picture




 

Another day to mark down.  How many times have we seen this happen?  Where key "leading" sectors are shanked one day then cranked the next day during expiration week?  Fear and greed is now oscillating between extremes on a daily basis, as bewildered and confused fund managers are getting whipsawed by the Prop Desk traders.

Here are some examples:

 

 

 

New highs on health care today:

 

Gotta run to a meeting, I'll post later on if I see anything else of interest...

 

 

 

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 01/13/2010 - 15:48 | 192740 bugs_
bugs_'s picture

Yeah....a meeting....thats the ticket.

Wed, 01/13/2010 - 17:26 | 192769 Leo Kolivakis
Leo Kolivakis's picture

Robo, one question, are those real hundred dollar bills? (lol)

Most active decliners:

NYSE

Nasdaq

Amex

Most active gainers:

NYSE

Nasdaq

Amex

The ones that caught my attention today:

http://finance.yahoo.com/q/cq?d=v1&s=ASYS,BIDU,NKTR,TQNT,UAUA

Also, the intra-day moves on Canadian Solar (CSIQ) and Trina Solar (TSL):

http://finance.yahoo.com/q/cq?d=v1&s=csiq,tsl

SHWING!

Wed, 01/13/2010 - 18:52 | 193029 Anonymous
Anonymous's picture

Leo-

Hi. I'm just curious about your interest in TQNT. I followed it from about 3 on up. It pulled back and, as you pointed out, moved today. What do you think? Thanks.

Thu, 01/14/2010 - 13:16 | 193310 Leo Kolivakis
Leo Kolivakis's picture

I like semis and like TQNT as it seems to be breaking out to multi-year highs:

http://finance.yahoo.com/q/bc?s=TQNT&t=my&l=on&z=m&q=l&c=

Keep an eye on this sector and this stock. A couple more smaller semis to keep an eye on:

http://finance.yahoo.com/q/cq?d=v1&s=MSPD,ONNN,LSCC 

Sat, 01/16/2010 - 16:42 | 196048 _Biggs_
_Biggs_'s picture

Thanks, Leo.

Wed, 01/13/2010 - 17:47 | 192951 RobotTrader
RobotTrader's picture

 

Wed, 01/13/2010 - 17:53 | 192957 Anonymous
Anonymous's picture

let's talk manipulation... E-minis 12:03:37

anyone saw this ??

E-minis offered and lifted in 150k @ 1137.50....then monkey rally !

Wed, 01/13/2010 - 18:02 | 192969 RobotTrader
RobotTrader's picture

Yet another bubble in paintings....

LOL....

 

 

Wed, 01/13/2010 - 18:41 | 193020 Instant Karma
Instant Karma's picture

Fake breasts or not, appealing nonetheless.

Waiting for a pull back to buy more platinum, silver and palladium.

Wed, 01/13/2010 - 20:39 | 193142 Screwball
Screwball's picture

And BID gave half of it back after hours.

Thanks for your work Robo.

Wed, 01/13/2010 - 22:15 | 193230 Tony Montana
Tony Montana's picture

Wed, 01/13/2010 - 22:15 | 193233 Instant Karma
Instant Karma's picture

Why does watching American Idol give me suicidal ideation?

Wed, 01/13/2010 - 22:43 | 193276 Cursive
Cursive's picture

Moreso than this market?

Thu, 01/14/2010 - 00:05 | 193350 SV
SV's picture

Two words:

BOLT ONs

Thu, 01/14/2010 - 00:47 | 193383 tom a taxpayer
tom a taxpayer's picture

If that muffin has trans fat, it would be illegal in New York City and other health-conscious jurisdictions.

 

http://www.msnbc.msn.com/id/16051436/

Mon, 01/18/2010 - 15:56 | 197537 Unscarred
Unscarred's picture

Late contribution, but how many of you saw the shank and crank of Baidu coming down the pike during in the last hour of trading Friday?

Do NOT follow this link or you will be banned from the site!