oexo options a bargain and way undervalued, page-74

I just noticed over 3m options got converted...I am struggling to think of why somebody would convert their options (over $500k) worth just before flow results... Wouldn't you do it after considering the risk involved right now? It's a great sign that somebody would want to spend $500k BEFORE flow rates but it seems a bit crazy if you ask me... I would think they should have waited until AFTER the results before throwing half a million away...