As we prepare to start a new options month and I am contemplating buying Teck $29.00 November put options. My reasonning is that the NR should (not shall) be released before 17 November, and once Teck weights in with any comment, that stock will probably go down as CUU increases substantially. I also think that the Teck drop will be quick and sharp but of a very very short duration only until investors realize what they can or are getting with CUU. The initial Teck investor response will be one of fear of dillution or required financing, and that should give the Teck stock a huge negative followed by positive swing.

Anyone else contemplating this trading strategy?