larger owners have no one to sell to, so they move their holdings to the pimps with big machines who can take them out safely. check the 12/31 increased/reduced/closed carefully. gang of sands capital , goldman sachs, etc are stealing your debit options money and poorly placed shorts. "buy and hold" or "sell and hold" are useless strategies as ws crooks keep working on chipping them away.
u can trade events, of course, too but when u think of buying put remember how many more will be doing the same and it is the sure way for crooks to steal more dough.