its hard to price options years out... its not a bad investment.... it seems as i have looked at leaps.. ones that are one year away aren't much cheaper then ones that are almost two years away.. and for us option traders that just sounds like a very long investment hha
I love this http://www.optionmonster.com/news/article.php?page=large_put_buy_in_johnson_johnson_71463.html
why do you love it... 5000x100 thats about a 25000 dollar trade... thats probably tail risk coverage for a big institution.. who knows.. These wing trades ocassionally can turn 25 grand into millions.. and make sense of so many bets... ..... i'm not sure what to think in unusual activity... sometimes what is unusual to you is usual to me.. cause i'm weird haha