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They also directly broke Levine's second rule of insider trading. 2. Don’t do it by buying short-dated out-of-the-money call options on merger targets [0] [0]
by posnet 3y ago
They also directly broke Levine's second rule of insider trading.
2. Don’t do it by buying short-dated out-of-the-money call options on merger targets [0]
[0]: lawsofinsidertrading.com
- xmcqdpt2 3y agoYeah I would have thought they should have bought Datadog stock instead... but actually DDOG is down. I'd make a poor trader.
- technovangelist 3y agoCisco offered to buy ddog the night before the ipo. Thankfully ddog said no.
- spopejoy 3y agoWhich every time he invoked said law, he also backs off and says it's probably gambling or automated hedging, or in the original case, a failed "broken wing iron condor straddle" going the opposite direction