Big Play:
David Pohl bought all options available at .165 or whatever. He then sold enough to offset what he bought at .48. He is no fool man, wouldn't you change 16. 5 into .48 any day of the week. He got a million or so shares for nothing.
He is betting the same as the rest of us that the stock is going up and that he would be a fool to sell as such. But, he has covered the bet by having none of his cash involved. It's called playing with the houses money, big fella.
Cheers, Oscar