Here's a funny coincidence;
On June 7 Zacks Equity Research released an article saying Investors in Mazor Robotics Ltd. MZOR need to pay close attention to the stock based on moves in the options market lateley. Turns out that the June 16th, 2017 $20 Put on MZOR had some of the highest implied volatility 'of all' equity options on June 7.
Now here's a coincidence. on June 8, the very next day after those Options were purchased. someone within Mazor Robotics Ltd chose to release the news of the Israeli Securities Authority search of the offices of Mazor, questioning certain officers in connection with an investigation.
So even though this ISA investigation actually happened sometime last month no one in the company chose to report it to the public, or to share holders.
Legally I guess they didn't have to.
OK
But, then why all of a sudden they do choose to announce it?
On June 8?
Which was of course one day after Zacks announced that strange and volatile Option Put activity had happened on Mazor Robotics stock price for this upcoming week.
*For those that don't know if you want to make money by betting on a stock price going down, you can buy Option Puts. An inordinate amount of activity usually means some one has an idea that something material will be affecting the stock price.
Again in this case Zacks Equity Research said it was "some of the highest implied volatility of all equity option".
I guess it's probably all a fat miraculous coincidence, "nothing to see here folks, move it along"..
BTW I did look into the possibility that the volatility in the Options trading might be tied to the fact that MZOR's analysts have lowered next year's EPS for MZOR twice in the last 60 days dropping it from a loss of .10 per share down to a loss of .32 per share for the year.
But this Options volatility for MZOR was not for next year, no,.. it was for next week.
