Replies to post #505 on WestRock Company (WRK)

[Rawnoc]

Shorting RKT has proven to be masochism.

Evil against oneself.

[NewMoney]

The article "why puts are surging in rock tenn" is a good read. The author actually answers the question.

"it appears to be a protective collar on an existing long stock position."

Oh no. Not a standard option protection strategy! What can this mean?

It means two things.

1.) Doodly
2.) Squat

[Stock]

The $70 puts are popular before earnings announcement this evening.



This was a few days ago when some blogger speculation was posted about a collar. Not sure those 80 calls weren't sold to open, didn't see the previous day's (Jan 17) trade data.