### Comment:
This makes sense, buying 15-16 puts is truly autistic. Sorry to the folks who did this. May the option gods bless you with tendies.

### REPLY:
A week ago it was $17.30~ the person doing the DD then was probably correct on the $16.50 at the time.  A $2 run up into earnings probably shattered that theory and would make $18.5 P more realistic.  Or buying the $16.5P last week and selling before close today with a 3x increase in IV would’ve probably been profitable.

### END.