Did you happen to notice when that volume came in on those IMO 5 and 7.50 calls? I'll be watching them tomorrow as this maybe the signal that the shorts have started to cover their asses now....the total open intrest on the $5 calls was only 852 yesterday and now KA_BOOM another 5,387 contracts today...almost $4,000,000 worth on just the 5 strike alone....thats sick!
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