read my posts today and yesterday for more analysis, but I believe them to be bullish, without question, esp. because as BTH points out, it looks like they were tied to a 200K share buy.
I'm not buying the author's insinuation. For this to make any sense from a bearish perspective, the trader either has to have inside info on Ariad's drugs or he/she is one gambling SOB. How could a bet on a 40% collapse make any sense if you didn't have knowledge of a failure of something (from the timing most likely Rida).