Fear and panic from from the option holders is driving the price down. If you wanted 500k of ksx you can have 580k@ 11.9. $600 cheaper than 12. And so it goes to 10.5. and then 10. The 500k @12 is probably someone that converted and is happy with their 20% return. You normally never have single sellers that big with KSX. Maybe a capper and buying up options because they know it will run later. I didnt have 100k to convert emro.Bought @.008 should have sold @.014 paniced and sold @.004.There was a single seller of 400k emr @21 for the last two weeks before expiry probably bought my options as well. Cheers
KSX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
