Nanex Research

Nanex ~ 23-Nov-2012 ~ Elan Insider Trading

The SEC filed a complaint of insider trading in the stock of Elan (symbol ELN) between July 17 and July 29 2008.

The complaint says that illegal out of the money put options were purchased before the price drop. Download the trade executions in put options with strikes at or below 33:

17-Jul-2008 Thu
18-Jul-2008 Fri
21-Jul-2008 Mon
22-Jul-2008 Tue
23-Jul-2008 Wed
24-Jul-2008 Thu
25-Jul-2008 Fri
28-Jul-2008 Mon
29-Jul-2008 Tue
30-Jul-2008 Wed
31-Jul-2008 Thu
01-Aug-2008 Fri
04-Aug-2008 Mon

1. ELN Daily Bar Chart

2. ELN 5-minute Bar Chart

Click Start/Stop to run a slide show of all 30 images. Or click Prev/Next to step through them one at a time.

Note that the number of Non-ISO trades increases on the days the SEC complaint says the illegal sales took place: a spreadsheet summarizes these counts.


Nanex Research