gracemark2 writes: The SEC is alleging that the traders must have known in advance about the pending transaction based on inside information. The traders bought call options to make a huge profit of roughly 1,700 percent after the acquisition was announced. Link to Original Source
I've never been canoeing before, but I imagine there must be just a few
simple heuristics you have to remember...
Yes, don't fall out, and don't hit rocks.