You may well be right, but if so, could you account for this …
If his interpretation of the situation was not good, which you imply, why (as you say) would he bother selling ~ $2,000 worth of Options? Why wouldn't he sell a meaningful (dollars wise) amount of shares instead? That would better explain "getting out", than selling a paltry amount in Options.
As usual, some Hot Copperites are looking for explanations to every single action to look for whatever sinister interpretation they can muster. It's baseless speculation and in this case doesn't make much sense either imo. I'm tired of the RLE management of the recent situation and equally tired of half what I read here, to be frank.
Kip
RLE Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held