The 30% figure you cite is artificially high insofar as it includes options that are expiring imminently.
If you consider only options that have, say, six months or more until expiration, the proportion of option exercises that are held is much, much less than 30%. I would wager that it’s less than 2%.
p.s. Directors, executive officers, and 10%+ shareholders must report their purchases and sales on Form 4 within two business days.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.