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Also, even though you misunderstood the leverage of options, the complaint doesn’t tell us what kind of price they’d bought in at either. That is, the stock w
by boulos 6y ago
Also, even though you misunderstood the leverage of options, the complaint doesn’t tell us what kind of price they’d bought in at either.
That is, the stock went up 2.87% the day after the earnings, but they had purchased it over the weeks beforehand (but kept adjusting their bet, both in scale and price). So even in “regular stocks” of 1:1 leverage, the SEC telling us only that Amazon shares went up 3% that day doesn’t tell us how much it went up from when they purchased their securities. Amazon stock had moved quite a bit during January 2018.