Agreed. Also just had a look at the LLC put/call ratio. 9,263 existing LLC put contracts at just one strike price of 13.75 for December 2018. Outnumbers the total of all the call contracts for all strike prices for December. Someone has been aggressively buying puts at a low strike price for December knowing they would come good.
LLC Price at posting:
$14.45 Sentiment: None Disclosure: Not Held
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