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Open original source ↗Now this is unusual.
Bending Spoons is up huge today after it announced that Berkshire Hathaway is investing another $330 million in the company.
Did someone know? Seems like it.
Before the news, traders bought:
- Oct. 13: 1,465 December $55 calls, 49% out of the money, for $314,000, with 86% bought at the ask. Open interest was zero.
- Oct. 7: 1,000 Oct. 16 $40 calls, expiring in nine days, for $231,000, with 90% bought at the ask.
These traders are up millions.