So, today bought some puts on $PRPL at around 3:50-3:55. No big deal, well on 4 different platforms something unusual happened. There was some kind of bait and switch. Kind of like now to see me now you don’t. I will attach a couple photos, as I have around 50 so I will just post relevant ones. Maybe a smart brained trader could explain this to me as it would be much appreciated. Order happened 4:00-4:03 EST then take a look at the other photos.
This is what you call Dark Pool price manipulation, bait and switch, do and run the Market and the world I guess! Placed through Arca!
Fortunately, I was correct with this ticker. Maybe someone knows a little bit about Mattresses. PRPL, TPX. See I don’t just follow the crowd. I invest in change with supply and demand…i.e where are there shortages of materials, who is buying stock and why! I will leave it at that. I think Jim always said this about Gold. When you get to many people on a bout, it is bound to tip over. Or something like that. Hell same thing applies to silver and his analogy with that applies to much oh the market. It takes a bit of thinking outside the to find some good plays that no one thinks about. There was a specific reason why I placed that order at that time and documented/recordered the tape on 4 brokers levels and Ride Down9. Now why would companies that are out of foam b/o till February 2022 start going to ath, then you realize oh sh*t there is something going on here. Guess their Algo didn’t account for the savage getting routed directly to the NYSE. Made them pump…thinking someone who had other interest dump. Nope!
Edit Boat what meant