May. 20 at 2:58 PM
$AVTR Started this position back up today at 7.43 given the new board sure looks ready for M&A down the road, activist and numbers not looking that bad and in turnaround mode. What I do not like is the 77K in puts at 7 expires tomorrow (
$2 million loss) and they just rolled that into the
$6 for another big premium. Someone is betting on a big drop so playing it slow and bids in place.