I cannot help but reply to your exaggerated reply by this written in Yahoo board by arhdan9 • Apr 9, 2015 6:21 PM
"A Beautiful Battle Waged by Sir Woodford & He Has Been Winning_Analysis of Abnormally High Volumes of Option Trading
We all know there are huge volumes of April $7 strike call options traded and huge July $6 strike put option traded so far. Although there are numerous possibilities in terms of what really its implications. But it seems the most likely possibility in general is that Sir Woodford had initiated both these two large pools of option trading:
He bought those calls funded by his selling of those puts since he believes the good data are coming and his financial strength behind his commitment or conviction of going long NWBO on the context of knowing that he would had a major financing deal with the company , i.e., the recently announced $40 million deals with the company.
On the other hand, the shorts thought that the company was in desperation of needing funding to fund its existing L trials, the future D trials, etc., and did not believe the company could get any favorable deal with anybody. They initiated those call selling (to Woodford, etc. unfortunately for the shorts) hoping to pocket the premiums while driving the price down further. Again the shorts thought the price would further decline by July after the ASCO hype withered, so they took the bite of those July put selling (from Woodford, etc.) and ended up of bought those puts.
Now, we have known Sir Woodford has been winning the battle as the share price steadily and continually appreciated: he has been either exercising his deep in money call options or simply closing those profitable call operation as the shorts have to deliver those shares to him via either buying in the open market at increasingly higher price as each day passes by.
The irony of the situation is that the currently share price appreciation may be actually in part (or a major part) is fueled by the shorts. LOL!
Of course, because of the dynamics shift in favor longing the stock, more and more retail investors have firmed in the support of the long institutions represented by Sir Woodford."
