Or what did they think they knew?
I’m referring of course to the parties that bought all the crashy April put options contracts on $jwn.
https://finance.yahoo.com/quote/JWN/options?date=1618531200
That really is quite a lot of open interest, way out of the money, with now only a week to go. I wonder what thinking went into this, what event was expected to happen.
If you are behind this, please explain yourself. ty