Sold large volume of April 1 put at 0.45 and 0.5 last week

Betting theory:

It will not get "approval" recommendation or complete rejection on 3/22 either. 

It will get an "Request for more information" just like DNDN on 4/23.

There are three months with over 40% put premium.



The best scenario is that the advisory panel give marginal clear recommendation so that I can collect the premium on 4/16 again and use the house money to wait for the final approval day next year.