For puts and calls, 1 contract is always on/for 100 shares.I think you are right because I think to buy shirts, puts ,calls etc one need a “ block” of shares.
Is that why constellation isn’t a meme stock.?Looks like the fast run up was driven by one kid that cannot buy beer yet, that happened to have $25 million to roll the dice in the options pit. This story is bonkers.
ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
It's all about how big the company's market cap is. 3 weeks ago, BBBY had a $450 million dollar market cap. STZ has a market cap of $45 billion, or 100 times the size of BBBY when it was in the dumper. This is why penny stocks can swing so wildly. It doesn't take more than a few traders with $100,000 to absolutely blow up the daily trading volume. With some well placed articles, it can bring in more enthusiasm from DIY'ers. It makes any fundamental analysis of micro cap companies unreliable, and the shares vulnerable to small whales pushing it up and down.Is that why constellation isn’t a meme stock.?
Wasn't at you--it was for "the all knowing".Are you sure you quoted the right post? I wasn't responding to what you said.
I tried to make jokeIt's all about how big the company's market cap is. 3 weeks ago, BBBY had a $450 million dollar market cap. STZ has a market cap of $45 billion, or 100 times the size of BBBY when it was in the dumper. This is why penny stocks can swing so wildly. It doesn't take more than a few traders with $100,000 to absolutely blow up the daily trading volume. With some well placed articles, it can bring in more enthusiasm from DIY'ers. It makes any fundamental analysis of micro cap companies unreliable, and the shares vulnerable to small whales pushing it up and down.
Modelo is the best of the spanish beers IMO.
Sol or Dos Equis!!Modelo is the best of the spanish beers IMO.