Replies to post #108751 on Amarin Corp Plc (AMRN)

[VuBru]

Talley - I didn't know that term, but I also wondered whether this might account for some of the huge volume and volatility yesterday.

[FlyFishingStocks]

Perhaps. Hard to know for sure.
IMO, AMRN is relatively thinly traded so those with large positions probably either sold covered calls or bought puts to hedge (providing they're in the 'continuation camp').

On the other side, hedge funds load up calls to hedge shorts.

I think we'll see some frisky price action on a move above yesterday's high - confirming the breakout. Would expect shorts and contra-trend option positions to unwind at that point.
Things are cooking behind the curtain ??

[FlyFishingStocks]

Talley, do you think they're shorting against the box in fear of dilution?