Good morning. Speaking of curiosity, this post recently from the RVNC board. As I have shared, I’m significantly invested in RVNC. I have no clue what this posts means and would sincerely appreciate the support from you all if you have a moment. Admittedly I know nothing about “options, calls or puts”. Thanks gents.
“The volume on the '24 30 strike call options are mine. I was paid 4.10/shr. Some may think not in my favor but it takes the short term story out. If a new team needs to brought in to get the product sold - so be it. I doubt the buyer was retail, and my takeaway is that some big pocketed tutes believe this company is a long term winner. I understand buyout vig a big part of it, but still a lot to pay for something that is that far out of money. If they're sold for 45, I won't cry, was worth it to me at the time
Majority of position now in August calls. Pays little but expect they'll finish out of money and I will roll into them all into something far better hopefully after an approval”
