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Re: hayward post# 220724

Wednesday, 10/23/2019 10:32:15 PM

Wednesday, October 23, 2019 10:32:15 PM

Post# of 427189
Hayward - I don’t disagree that there will be a big swing one way or the other. But my feeling is that MMs will lower the share price enough in anticipation of that week to account for a big swing. My fear is they will do enough to get a majority of the OI to expire worthless.

Also, look at AIMT for an example. Closed at $24.67 day before AdCom, opened at $26.68 day after AdCom, and closed at $23.22 day after AdCom.

If the MMs have the opportunity to swing the share price below $15 on 15 Nov to get ~20,000 call contracts to expire worthless, they will no matter what the vote for the AdCom is.
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