I am long MNTA, anybody has any alternative analysis of option play being setup here?
Did you read the option posts yesterday?
I think that the understanding is that a "big boy" bought 12.50 puts and sold 10 puts. He/she is betting that the stock will be between 10 and 12.50 in January. Look for zipjet and my posts discussing the financial results of the "ratio spread."
I am trying to do the opposite with March 20 and 25 calls. Little success so far, but the day is young.