Replies to post #1840 on Revance Therapeutics Inc (RVNC)

[jmkobers]

Based on recent action Sept seems long

Last 2 days they bucked a nasty XBI uprising and seem to be holding, holding, holding - just waiting for something - very tight range, very low volume mostly - April seems most likely to me and options seem to support this - with their burn, it might be hard to push others ahead tooo much. Good luck

[jmkobers]

Maybe Sept isn't crazy......... yesterday someone bought 2500 October puts (controlling 250k shares) that aren't in the money until the price goes below 15.......it's by far the largest option volume sale of any month and strike.....so, who the hell knows

Anyone else notice this? Yes, could be a hedge, but seems pretty odd and dwarfs all others