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The stock is BYND. It's put has been costing twice as much as the call ... roughly 10.85 and 5.00 respectively at the moment. What could cause this. I should also point out that the stock is up 5 percent after hours, so whoever bought this put doesn't seem to be doing to well.

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You appear to be talking about the $120 put and call expiring January 17. The option prices you cite were as of the regular market close, when BYND was trading around $114. Thus, these were not at-the-money (ATM) options and it is no surprise that the put was priced higher than the call. After hours, as you note, BYND climbed to around $120, but the options did not continue to trade and so those quotes became stale.

  • Got it. Thanks. – Mardymar Jan 14 at 2:41

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