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Bio_pete

09/04/19 4:14 PM

#212595 RE: KCSVEN #212591

"the calls bought are all near term and around 16 and based on the cost leading to a 2-5 dollar move expected with any news"

Maybe someone is buying a bunch of shares. They buy calls ahead of their purchase & the gains from the calls reduce their cost of the shares.

Mellowmood77

09/04/19 4:21 PM

#212598 RE: KCSVEN #212591

A much more favorable ICER report could be added to that list.

MNBioMike

09/04/19 5:01 PM

#212613 RE: KCSVEN #212591

It's a delayed reaction to the EU news - simple as that. Buyers waited until blood cleared, as usual, but it happened to be big news, so there were more buyers than the usual 2-3% move we might otherwise get after a bloody day. Simple as that, but I'm sure the discussion won't stop here on this board. ;)