7 ms·
This is just crazy, someone doesn't like when the retail is winning. Looking at the options flow for this, more than 100 million dollars have been spent on cont
by hydershykh 6y ago
This is just crazy, someone doesn't like when the retail is winning. Looking at the options flow for this, more than 100 million dollars have been spent on contracts today. Halting it all of a sudden only makes people lose money.
Here are the options flow stats, crazy amount being spent on options. https://i.gyazo.com/dca500ef0f774a0019f0a42b7ac1e855.png https://i.gyazo.com/dca500ef0f774a0019f0a42b7ac1e855.png
Source: https://www.tradytics.com https://www.tradytics.com
- kcg 6y agoHalts are based on specific criteria and rules, they aren't arbitrarily imposed. See: https://www.nasdaqtrader.com/content/MarketRegulation/LULD_FAQ.pdf https://www.nasdaqtrader.com/content/MarketRegulation/LULD_F...
- hydershykh 6y agoWell, we might want to consider changing the criteria a little bit. No?
- filoleg 6y agoI think that going up or down 10% (or more) in a span of 5 minutes is a pretty solid criteria for automatic halting, which is what it is today. If you have a better proposition for the halting criteria, please post it here.
- gruez 6y agobut options expire on friday? why pull off a dump now?
- slt2021 6y agosomeone just unloaded their calls that printed massive money
- spacedome 6y agoWhat do you think of tradytics? Looks really interesting, though I mainly trade OTC, which I sort of doubt it has much support for.
- hydershykh 6y agohaha I am the developer of it so I can't really say anything lol. Although we don't have OTC, a lot of other stuff is free on the website so give it a go with a free account. Always happy to answer questions.
- spacedome 6y agoIt looks good, I'll definitely give it a real try if I start trading options more, the order flow data alone looks like it would make it worthwhile. Do you incorporate L2 data? Couldn't find that anywhere, only thing that seems like its missing.
- deleted 6y ago[deleted]