It's a $2.50 stock though, of course there's going to be more calls than puts because of the lotto effect.
People who are buying puts at $2.50 for 50 cents have a maximum upside of 400% and let's face it it's not going to zero so really the max upside is less than that.
On the call side, conceivably you could buy $2.50's at 50 cents and dream that it'll be worth $10+, especially if you're one of these types who actually believes FXCM can reach $12.50 again.
The upside potential of FXCM puts sucks and I realize this but I still bought them anyways because the strength of the bearish argument on FXCM. It is going to go down. I am going to make money. But I can't dream about making 10x my money. Maybe double or triple as FXCM heads to $1 or $1.50. But I am going to make money without question so I might as well take the easy trade.
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