Mental Health App - $3 Billion dollar merger, page-29

Today's price action has absolutely nothing (or very little) to do with options. Firstly, 2 months is still some time for when aforementioned "weird things" happen to underlying of options that are at-the-money. The main reason we are getting some big volume lately is due to the newsflow being due in October. LUCA app launch, US advertisement campaign, FDA meeting that's been getting postponed by the FDA (not our fault). The World Mental Health day is on the 10th of October as well. There is expectancy that both Lombardo and Phelps will have something to say that will further boost awareness and thus money flow into MEB. There's also Garmin award that we are competing for and are finalists in, that's due to release the results by the end of October. At some point we might also expect some proper Ilumen news by EOY, it's been a top secret for some reason for far too long now.

So while what you are talking about options does happen, I highly doubt it is any applicable for MEB currently. Options, especially on ASX, are very weird in general. If you really have been around for as long as you claim, this shouldn't surprise you at all. ASX is hopeless with options action/liquidity. Many instances when oppies lag big time behind heads etc. It's a bit of a joke on ASX

GLTAH