Avid Bioservices Inc (CDMO)

[biopharm]

well its the final day for options... I figured I'd see more volatility one way or the other unless they are saving that swing up for all those april calls.

I am not too familiar with the inner working games but someone did say that around 1.25 would make the payout the cheapest... if I am understanding it right?

If I do understand it right... the amount of capital it would take to force the price of a stock one way or the other to make the #'s work out for the controller of these options would ultimately go to the stock that would benefit them the most.

In other words.... if there are 100 stocks with large option positions and Peregrine happens to have a large # of options but there are 20 other stocks that is more worth while for this controller group to push extra capital at to move a stock for them to reduce their payout then Peregrine may or may not even be involved in their games.