SYMC is at an all time high, and every one of their EV certificate customers is about to start talking to different security vendors. The Jan18, Jan19 near ATM puts are quite reasonably priced.
They'll all be caught by surprise and lose their shirts when Symantec releases their financials next quarter and the stock tanks. The market is full of ignorant people.
Usually I agree, but SYMC is at an all time high and trading at 40x price per earnings. The price already implies a massive bet on increased profits, but there is no way that is going to happen.
