wrt the current price of BSC ($7.00 or so,) am I the only one that thinks that a large number of naked puts were purchased over the last week and a half or so, and many of those put buyers are loading up on BSC to exercise the put? Sometimes, when a put is deep in the money, the market value of the put is actually a bit less than the intrinsic value of the put (I suppose you could claim the time value is negative as well.)
Some firms are going to take massive hits from writing those puts as well. Who’s on the hook?
