Amarin Corp Plc (AMRN)

[KCSVEN]

I doubt it's related to owning the stock also which is why I lean toward a straight mathematical play. I just don't see Adcom shooting it above 8 in 2 days. The Theta is much larger on the calls and corresponding time decay on the calls will be likely much higher than on the puts. Honestly, lots of reasons to like the play if you have a position that you are unclear on Adcomm outcome. I'm long and expect a great Adcomm and feel this person will have a profitable play.

I also don't see any logic to the play for someone with any "inside" knowledge.


Options are used in so many different ways and individual plays are hard to analyze without knowing the overall strategy.