I wonder if the shorts are holding this back to cover below $12. I noticed also that there is a massive 20,000 lot $10 put open interest (OI) position in place for expiry on 26th Nov. I wonder if that was a hedge put in to cover any selling done by the funds into J Packer.
Puts:
Calls:
Packer snaps up another 3% of Crown, page-16
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