Notable put spread in Oasis Pete
Notable put spread in Oasis Pete. 12K Nov 10 puts sold at 52c and 7K Jan 11 puts bought for $1.48. The Jan 11 puts are opening and the other leg is likely closing from 8/19 when 12K were bought for $1.375, with shares trading for $10.22. The long puts are being rolled today to a smaller position in Jan 11 puts and expressing concerns about the short-term outlook for shares. Earnings expected 11/1.