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DNDN up 30% but moved 20% and puts did not budge


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#1 J.Bilkins

J.Bilkins

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Posted 09 April 2007 - 05:24 PM

The MAy 22.5 puts should have been down by 75% or so today but did not budge past the opening price which was slightly over 20 and say 10%. That means the stock went up 20% and the option did not budge. Is this even legal? Check out the open interest....it was at 6 after the open....I have never seen this before. Guess this thing is going much higher. Unreal...

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