InvestorsHub Logo

amarinbullfromchicago

09/04/19 4:16 PM

#212596 RE: Bio_pete #212595

Doesn’t make much sense. They could have definitely bought 1.4m shares cheaper than the options ($16 calls plus premium) when the stock was trading $15-15.2

KCSVEN

09/04/19 4:18 PM

#212597 RE: Bio_pete #212595

If they sold Puts would make more sense as that's normally how you try to get into a stock at a lower basis from what it is currently trading.