Quote from heilbronner:
Well, in most other stocks I would agree, but TASR is different. You can't short the stock so going long puts or creating other derivative combinations are the only way to play it from the short side. Therefore puts will be also in high demand for the next couple of days, IMHO. But anyway we will see.
Yup,
TASR options have too much interest and high volatility. Hence you pay a double premium. If it stays dormant for a month or so, I think the TASR derivatives might actually be worth buying.
Everyone wants to see 30-40 point moves in this stock, hence thats what the derivatives are priced to.
