I bought a bunch of put options on the cheap, so I'm betting on reckoning next year, but not a bankruptcy. Based on their valuation being too high for where th

I bought a bunch of put options on the cheap, so I'm betting on reckoning next year, but not a bankruptcy. Based on their valuation being too high for where they are, I'm guessing they'll do a share offering to get cash. This could cause they're shares to tumble and I'll make 400-1200% or not. I'm ok with writing off such a small bet, but wow what a fun ride it'll be to see how this all turns out.