Amarin Corp Plc (AMRN)

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My 2 cents regarding large PUT trade

fwiw, I remember watching the options market prior to Adcom looking for unusual activity. I noticed the trade shortly after it happened although at this time I no longer recall the strike price. Together with the AF comments, the short position, and the fact that the stock wasn't acting well, I remember telling a friend that all the warning signs of a bad event were here. I wasn't predicting anything but I simply stated that we only have ourselves to blame if we don't take action.

Needless to say, we didn't. So much for supposedly being a Pro. I have been investing for a long time and have never seen quite the reality show drama that I have seen with this stock. I must say that it's been interesting and I have learned a lot. There are plenty of lessons here, I hope we all learn from them.

So...to answer your question about the Puts.
The buyer was either a speculator (with perhaps some tip about the Adcom), or a long owner looking to hedge his position with a married put. The put seller (remember this is a bullish position) could have been a short seller looking to hedge his short ...i.e. entering into a covered short position. Or it might have been the specialist hedging some other position.

The trade was large enough to have triggered some surveillance at the option exchange imho. If we all noticed it, I am sure that the exchange also noticed it. And is the trade traceable? Yes, with almost 100% certainty.

Btw. others on this board have praised your efforts on the behalf of all shareholders. I just wish to add that I greatly admire your passion and hope to meet you one day irrespective of the AMRN outcome.