Replies to post #28937 on Humanigen Inc (HGENQ)

[PITrader87]

Looks like that 2,000 $30 call @ $1.36 & 2,000 $30 put @ $13.20 straddle purchase happened at the same time as the 200k share purchase..

The breakeven on the straddle alone would be >$45 or <15$... But if the same person that bought the options also bought the 200k shares @ $18.20, their break even is $30/share & anything under they lose $552k. Can anyone confirm if my math is right? Very bullish if so...