He sold puts, not bought. If you can't read SEC filings, get out of the market.
Proof? Which board member? If yOure talking about Ackman, he's sold puts so he could buy calls...
Can you show me where I can find this transcript? What was $12B in revenue referring to?
See PR. Cascade Investment LLC.
Not sure how Eddie pulled that one off
quarter ends today. Window dressing. No one wants to be seen holding VRX In their portfolio.
This is a complete lie and fabrication. There's no Bloomberg piece published that mentions this anywhere about Valeant. Nice try.
I sold a bunch of puts that expire next week, right around current market price. The premiums were juicy, and I can start praying that the stock doesn't drop 10% from here lol.
I understand - I'm just nervous about selling naked calls down here, in case we get another squeeze up, and I'm forced to cover at a loss due to margin call.
I would rather wait and hope that it squeezes up again on no news, and I can start selling calls again.
The options will have a lot of premium built in due to the volatility of the stock. Best way to bet on BK in my opinion is selling calls. And being able to handle any squeezes that occur along the way.