Amarin Corp Plc (AMRN)

[amarinbullfromchicago]

Yes exactly...it gets very technical, but basically it’s a nothing trade. Basically it’s kind of a volatility trade but based on interest rates, not volatility. If I was trading it at work I’d take it into account a little but would say a 200 straddle lot would be a more impactful trade.

Again- the 30k calls and puts, AND the 3million shares are fluff and mean nothing.

PS- double fly spreads are something brokers basically made up to raise fees. Kind of silly things...but boxes and reversals/conversions definitely have purpose, just not important for retail guys.