I just read that Josh Gottheimer (Senator) bought between 500k-1M in MSFT calls with a 325 strike and June 18 expiration. What is the logic behind buying so deep ITM? Is that absolute certainty on msft going up maximizing the .85 delta?
I just read that Josh Gottheimer (Senator) bought between 500k-1M in MSFT calls with a 325 strike and June 18 expiration. What is the logic behind buying so deep ITM? Is that absolute certainty on msft going up maximizing the .85 delta?