Amarin Corp Plc (AMRN)

[amarinbullfromchicago]

It’s an institution hedging, as was the 5000 September or October puts bought the other day. They have a core long position and from what I can see hedged a lot of their shares both times (1/5-1/4 of total position).

I can’t say who it is, but I can say maverick spoke highly of them as a strong m&a and research firm (not as much anymore but used to be a top level one).

Both trades executed on block and firm was a buyer of puts both times, seemingly as a hedge to adcom on a long stock position, nothing more