The CME’s excellent option tool here shows the most open interest in June $60 puts, now at 48,087… This is a “teeny” one, settling at $.24… Despite higher prices, recent volume and open interest has focused on this strike… (just a reminder… buyers and sellers are required to indicate a trade, so when you hear “there is a lot of put buying”, there is also put selling)…
by Jim Colburn Leave a Comment
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