Is it wise to buy Puts of bankrupt NSTG ? :-)

[Quanto]

Is it wise to buy in the upcoming days some Puts of NSTG ?
(The company just a week ago filed for bankrupty protection, and there is the possibility of a sale of the company)
What's your expert opinion?

 

[Quanto]

Of course hands-off!
It just was a trickQ

 

[maxinger]

Is it wise to buy in the upcoming days some Puts of NSTG ?
(The company just a week ago filed for bankrupty protection, and there is the possibility of a sale of the company)
What's your expert opinion?

View attachment 333677

View attachment 333678

You should have asked this question 2 years ago.

 

[Quanto]

You should have asked this question 2 years ago.

Yeah, when at that time the stock was peaking at around 80

 

[murray t turtle]

Yeah, when at that time the stock was peaking at around 80

%%
QUITE a bid\ask spread on puts >LOLcalls
Cash markets = much more liquid \ even in pennies .
A fair question/ why so much volume in cash markets ; + so little in options LOL.
No PE may not be a deal killer \LOL ;AMZN had no PE for a long while LOL
Good question;
some may want to factor insider buys $25 down to $5 area oops