Options players risk losing money by knowing less about Lovenox event timing than they think they do. Just because Bill Marth says Teva expects a formal reply from the FDA by the end of January does not mean that there will in fact be a formal FDA reply by the end of January (or by the expiration date of Feb options).
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”