Does any one know what the hell is going on here? CORS is on the brink of insolvency and my long puts went up today yet the stock jumped up 8.60% on a day when the S&P was down 57 points. There is a big disconnect here. What the hell is going on???
Well, I guess i know now what happened. Might as well hang onto those puts for the time being. Nothing that's happened in the last 24 hours makes Corus a great investment.
Well if you think it's going bust (as I do), you just got a chance to buy more puts at better prices.