Happy with quiet today .... I got in so another low vol day appreciated.
For a year now there has not been one day with vol exceeding 7m. Friday's late flurry and 37m PURCHASE vol was intriguing. Coupled with what seemed one buyer taking out close to 30m on their own - well, that was enough to bring me in. The punt now is why did that buyer come in so hard ?? Will a sub holder notice disclose all ? News mustn't be far away....a prior to Q2 update was promised in last Ann (22nd Feb) - who knows what it is ?
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