The current $AVXL price doesn’t bother me, whether we get approval does. Although over the years I have made a great return swing trading Anavex, I’d like not to loose on my current holdings.
My guess is that short positions are taking the last profits out not wanting to participated in a binary event.
At the next quarterly CC, will be interesting to see how many shares have been sold. Looking at option volatility - November is probably not in play. December and January might be. Short puts in December are looking good as volatility > 230 but wait 2 weeks and may be 400.