not 25 million, but with the ~80 000 March puts 15million is possible over all. The note seems 100% plausible and likely correct to me. There is also another side to it in that the puts also create just as many shares that will be sold. Don't expect some squeeze, there should be some really good swings though.
CCME - looks like good news for those who are long. CCME may present a nice long trading opportunity when it opens. Hopefully the company will try to defend itself prior to the unhalt.
News 
Market Data 
Discover 
AI
