Today in options trading there were 1.03k 59 Nov 22 put options traded...Open int is now 61. Could this be the reason behind the drop in PPS? I am not sure whether those are options closed or newly opened, however if they are closed we may see a potential rise in price over the coming days.
Once an otion is "open" it stays in effect until expiration, it may change hands, tho. Those 1,100 22Nov $59 Puts are still there. Theoretically, if the OpEx ends below 59 110,000 shrs get bot, adding to accumulation.