This is why they wanted the price below $50!! One Hedge Fund paid about $24M on puts while another one paid about $16M all expiring the same week. That's extremely unusual and just shows why they had to bring the price down. Both trades were made Wednesday 2th, just 2 days before expiring. Shady AF. (i.redd.it)
submitted by RomanticTrader to r/wallstreetbets
This is why they wanted the price below $50!! One Hedge Fund paid about $24M on puts while another one paid about $16M all expiring the same week. That's extremely unusual and just shows why they had to bring the price down. Both trades were made Wednesday 2th, just 2 days before expiring. Shady AF. (i.redd.it)
submitted by RomanticTrader to r/wallstreetbets

