Dec. 1 at 8:08 PM
$LEG looking spicy with that
$12 bid from SGI
Stock popped +15.7% in a day, +19.6% over five days
Near-term action sticking close to that offer price
It's all about timing those headlines, not just riding momentum
Buyers swept up 2,000 Dec 19
$10 calls this morning for about
$352K
Bullish move, but watch out
Those expire before the Dec 22 board response
No updates before then could hurt
IV's around 54-63%, so options are priced for event risk
Better to go for defined-risk plays rather than just long premium
Keep an eye on any news that could shake things up