Biotech Values

[Double_Bagel]

the puts are high now..that should level off..wonder what the author paid for her puts

The author is a dimwitted moron. She purchased the May $7.5 puts for 20 cents. A couple of days later she saw the bid / ask as 20 cents / $1.80. She was boasting on twitter that she already had a 300 to 400% profit on her puts -- her online broker was listing the value of her puts at $1.0 (the mid point of the bid/ask).

Needless to say she was mercilessly hammered on twitter after that boast and deservedly so.

https://twitter.com/search?q=aafiac%20puts&src=typd