CRISPR Therapeutics AG (CRSP) Social Stream

Featured Post From StockTwits About CRSP

$CRSP We have been in a funny (artificial) channel for months. And it seems like our friend may be a part of the reason. He’s got a lot of puts against ARK ETFs. So to make money (and not have the puts expire worthless) he needs to keep the ARK ETFs down. To do that he really only needs to target a few of ARKs biggest holdings. If he keeps a few of the biggest ARK stocks down then his puts exercise in the money. I am not the SEC and I don’t know his specific trades. But if you think about the hard channel we have been in, then this is a plausible explanation.

Nothing illegal but does explain the very odd trading pattern of CRSP these last few months.