OTCPK:VREYD - Post by User
Comment by
grucon Jan 06, 2016 11:13am
213 Views
Post# 24433341
RE:Something strange going on
RE:Something strange going onLooks like someone rolled out 500 $6 PUT options expiring Jan 15, 2016 out to Feb 19, 2016 but with a strike price of $5...They paid $0.50 for the right to PUT in February...That's $25,000 betting that TOG is going well below $4.5 ($5-0.50)...Is this the new hedging plan???...This PUT activity (associated with 500 contracts) has been going on for the past few months...someone is making some serious money or is off setting their losses without dumping large quantities of the stock...