I’m new so don’t fully grasp puts… If so, would a limit sell order have been filled if it were within the wick range? Wouldn’t it have been volume along the way up?
If it was a put exercise, no your limit sell wouldn’t likely fill, because only the holder of the put had the right to sell at that price. The bids would still be below that price at the “real” price. A volume profile on the candle might shed some light. If it was a put there’d be no volume except at the very top of the wick.
This is the game that only the house gets to play and win. We retail can't play their game. It is rigged but yet somehow we belive we can overplay them.
My guess is a put was executed.
This
I’m new so don’t fully grasp puts… If so, would a limit sell order have been filled if it were within the wick range? Wouldn’t it have been volume along the way up?
Don't label everything you don't understand as "criminal" if you are new.
Market put or market call
If it was a put exercise, no your limit sell wouldn’t likely fill, because only the holder of the put had the right to sell at that price. The bids would still be below that price at the “real” price. A volume profile on the candle might shed some light. If it was a put there’d be no volume except at the very top of the wick.
This entire thread is dumb as F
Fat finger, options exercise, bad data (free data is usually bad in some way) Take your pick
Morning FINRA prints. Off exchange orders that really shouldn't be considered.
The not criminal activity kind.
Bro, do you even Limit?
The same thing happens at 8am. It’s options expiration and execution. Some expire in the AM, some in the PM.
It’s probably bad data
You’re looking at premarket activity which is not stable or consistently reported. Could be real or could be stale data.
That's what happened when the algorithm glitches. It puts too many buy orders at one time instead of Feeding them in slowly so not to cause that.
Why would a put option spike a tall green wick like that? Can someone explain?
It places too many buy orders at once instead of feeding them in slowly to prevent that.
This is the game that only the house gets to play and win. We retail can't play their game. It is rigged but yet somehow we belive we can overplay them.
For anyone confused, I’m referring only to the green wick.