Anavex Life Sciences Corp (AVXL)

[sab63090]

Short sellers use these out of the money (OTM) options to hedge their short inventory, it's insurance for them and fairly cheap...

I always wait for the short interest report to see how the current action relates to high activity, so my guess is that there will be insight this time since this report comes out on December 9th and will cover the activity up to November 30th....we are always 10 days behind.

I always consider that option activity (especially short puts which are also a "hedge" for shorts)...

This is like 3 Card Monte....lol