The April 60 calls are an all or nothing wager. If the 2nd Interim which should be announced prior to the expiration is a stop the stock price could double triple or more a tremendous return on the options if not zero!!!!
So far today Feb option trades 625 Calls and 203 Puts very bullish sentiment among option traders they must have heard the leak!
Always two emotions Fear and Greed when odds are equal fear is always stronger yor claim of a leak someone knows something is part of that fear emotion
Volume continues to be low , so I don't believe your leak theory , today and for the last several weeks Bio's are down we bounced off the 200 day MA . I don't know the outcome of the 2nd Interim my call is 50 50 . GLTA
We know the 2nd Interim is due this qtr. We know there are 5.5 mil shares sold short . We know that the put call ratio recently has turned Bullish . We know the daily trading volume has been anemic / to me that means a lack of conviction as to the outcome of the 2nd interim. What we don't know is the outcome of the 2nd Interim and when released how that will affect the price.sometime in Feb or March we will all Know!