Can anyone explain? Someone is holding 70,000 Dec 22 puts (expire on Friday). I think they bought all of these around the $2.90-$3.00 mark. Then they held them all the way down to $2.60. And now the stock is at $3.74. Unless TC crashes I guess they will lose a ton of money. They are $4 and $5 puts so they won't expire worthless but not worth much.