/biz/ - Business & Finance

>>24103772
figures
i wonder about the loop hole of writing puts to be assigned a bulk amount of shares though

I'm still curious about the unusual amount of 17p that was written for 12/18. It makes up around 40% of the total open interest for puts
Somebody is ok with getting assigned 2 million shares overnight

Also more interesting, someone bought those puts on Oct 15 and it's not looking good for them. They paid a premium of ~$3/share for those so they're breakeven would be around $10.5/share if im looking at this right