RE:150K Options worth $10M What if the Institutionnal client purchased those 150 000 options, just to make sure this would make the price go down, to where it is.
Target price : 62$ x 150 000 : 9 300 000$
343.35K shares chaned hands at 12 h 10 today at 58.76$
Exchange price 58.76 : 8 814 000$
9 300 000$ - 8 814 000$ : 486 000$
I don't think that the options cost them 486 000$