More than 15K calls on BKKT are expiring today. and those are the calls from the last month only.
The strike price varies from 14 to 75usd.
The price of the stock is now 9.08usd.
Yesterday we saw a volume of 32mil.
Besides the 32mil, Dark Pool Prints were 33Mil.
Dark pools are private exchanges not accessible by the investing public. Dark pools facilitate block trading by institutional investors who did not wish to impact the markets with their large orders and obtain adverse prices for their trades.
I expect strong intraday volatility.
i know it seems a little bit exaggerated, but i wouldn`t be surprised the see BKKT trading at 14-15usd.
don`t forget that on Nov 21 BKKT was trading at $50.80.
Looking forward to see how this trading day will end!
What is your opinion about this trade?