RE:Interesting events. You are correct. Those are puts sold. I can say that 50 of the put contracts sold for Nov expiry yesterday @ strike price of $44 were by me ($2 premium per share).
Thanks for the post. I saw that also in the TD report. Very interesting indeed.
I think the table drop for Woodbine is going to surprise many people who have underestimated the potential.
The buyback indicates that they are very comfortable using their cash on hand and have seen the cash flow coming in from the properties.
The Peterborough casino Grand Opening is on Oct 15 evening. First time live table games in Peterborough (22 table games and 500 odd slot machines).
They cancelled 210,300 shares so far and have 68,300 pending to cancel (bought back already) for a total of 278,600 shares. Good use of the cash on hand. Onyl 12 million used out of the 500 odd million in cash on hand end of June but good indication that they may buy back more if price stays low.
Small insider purchase of 1200 shares to open his account end of September.
Sep 28/18 Buyback 46.25 - 46.50 28,200
Sep 28/18 Buyback cancellation Common Shares 0.00 -210,300 -84.0% 40,100
Sep 27/18 Buyback 46.24 - 46.57 40,100
Sep 26/18 Buyback 45.77 - 46.63 116,700
Sep 25/18 Buyback 44.85 - 45.65 40,100
Sep 24/18 Buyback 44.34 - 45.60 40,100
Sep 21/18 Buyback 44.00 - 44.25 13,400
Sep 27/18 Gwozd, Darren John Alexander Direct Ownership Public market buy Common Shares 46.50 1,200 > 100% 1,400
Trailblazer56 wrote: There has been some more interesting insider activity. GC bought back just under 280,000 shares at the end of September. Also the CFO of Clairvest, the west GTA partner, bought some shares Oct 11th. There are also 2 big November option contract moves made at the $44 and $46 put strike prices. Over 1000 contracts of each, that seems to me to be put writing rather than buying.