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EFX is probably guilty of many sins at this point:
Failure to heed a breach warning from CSCO
Doing little or nothing after a breach was discovered
Having executives sell stock while all this was known INSIDE the company at the very top
How the CEO still has his job is beyond. This is corporate CYAness on a massive scale. The stock market reacted and took a healthy $50 out of the name. IV is in the 50% range after being near 80% for a while. Even as I write this the depth of the data hack is not fully known. Sorta bad or just really bad and there is not a hoot the average person can do about it. It does appear the CEO will testify in front of Congress in early October and our august Congressmen will sweat him no doubt. There might be a dead money trade there.
Owning 90 level puts after the testimony and selling puts expiring before the testimony in a put calendar trade would probably work. Don't expect EFX to do much while this mess gets sorted out.
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