Lehman May $17.50 Put Options. Volume right now is 3473 while Open interest is 334. Thats a 1000% increase over the open interest!!
Is this a scam? Does this normally happen and now we're just looking out for this type of activity? Are they just increasing liquidity?
Or are people really thinking this stock will be near $20 by next month?? We're 7 weeks away from May expiration. Stock price currently up 1% to $39.09.