hock, That was my first reaction but the volume seems larger than just the dividend capture. Of course, some may have jumped on the train after seeing the volume and did not realize the dividend situation. I suppose that could have pushed the volume higher than normal.
Hock not being an expert in options i wish i understood it better, but you have to be an owner of the stock as of today in order to get the dividend, right?
If so then if it is a dividend play they have to turn those 10,000 contracts into 1 millions shares by exercising them today. Where does that million shares come from?
News 
Market Data 
Discover 
AI
