The SMH Stock Market: What You Need to Know

The Taiwan semi love it I own that one SMH we had big buying just yesterday at the March 265 call strike okay so they bought almost 10,000 that would be about a million share equivalent and they paid $640 for each one of those they paid $6.40 but every options for 100 shares so $640 10,000 times $6.4 million trade I like paying attention to people that are putting down that kind of money and they've been right and right and right on this oneEvery time we see somebody trading you know in that 5,000 to 10,000 option range they've beenright I mean they started buying January 4th when it was 222 now it's 257