Somehow the results were known to some traders for awhile
Agreed.
The biggest mistake I have in trading is not following "intuition" or reading the way the stock is trading. This was clear, for months, something was very wrong here; and, when someone sells a massive amount of 7.50 calls to fund a purchase of a massive amount of 5.00 puts, its clear this was a well known event to one trader----not just brilliant timing.
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