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Who bought those Puts?


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#1 uburack

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Posted 26 October 2018 - 09:58 AM

Saw a post a few weeks back saying that someone bought Dec 2200 puts by the million$$$. Yuge Bet! Anyone else see this? have any ideas who / why? thnks.


John 21:6 And he said unto them, "Cast the net on the right side of the ship, and ye shall find". They cast therefore, and now they were not able to draw it for the multitude of fishes.

#2 dTraderB

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Posted 26 October 2018 - 11:05 AM

Not me, not even one of those puts.

But I wish I did because I would have closed at least half of it by now, with big profits

 

Not seeing any DEC SPY PUTS with such large Open Interest but the DEC SPY PUTS have doubled in recent times, 

 the DEC SPY PUT  high today was 12.59 and was as low as 4 not too long ago 

Could be a hedge by BILLION $ Funds, Hedge Funds, others.