This wasn’t a rumour overheard at a party though. Someone in a company (presumably Cisco) consulted with him about their pending purchase of the company. If yo

This wasn’t a rumour overheard at a party though. Someone in a company (presumably Cisco) consulted with him about their pending purchase of the company. If you buy options on a company just before some kind of deal (particularly if you haven’t bought them before) your relationship with anyone that knew of the deal is likely to be investigated.