Some Entities May Be Selling Lofty BMY Calls, And Then Actively Sell BMY to "Re-balance" Their Port | BMY Message Board Posts

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Msg  4158 of 4338  at  9/16/2020 3:33:27 PM  by

tocentsworth

The following message was updated on 9/16/2020 3:34:15 PM.

 In response to msg 4156 by  Mabel
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Re: Some Entities May Be Selling Lofty BMY Calls, And Then Actively Sell BMY to "Re-balance" Their Portfolios

I didn't say they might be doing this just to frustrate longs, at all. They may be doing this to take the call money proceeds, and then profit from the drop in the value of the call, at the call's expiration, when they don't have to hand over the stock to the call buyer. JMHO. 


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