Jul. 10 at 3:14 PM
$VG Because the massive rally to
$12.60+ happened so fast, the market-maker algorithms couldn't drag it all the way back to
$11.00. High-volume buying completely broke the options trap for today's weekly close.
The micro-algorithms try to use any minor macro volume weakness to drag the stock back backward.
Even if they drag it down to next week's Max Pain of
$12.00, it's still a massive step up from the
$10.80 doldrums we were dealing with just days ago. Slowly, the stairs are trending up.
